This versatile property offers the future owner many options including commercial or residential development. With abundant road frontage on the dynamic FM 1488 growth corridor only 1.5 miles from Highway 290 and Hwy 6 the location is prime for future growth in the Waller/Hempstead area. This Ag-Exempt property affords the opportunity of low carrying costs along with the ability to use it for hay or cattle. The property is covered with beautiful oaks trees and an improved hay meadow along with fencing and multiple barns, two of which are over 7000+/-sf. The ranch style home features three bedrooms and three full baths along with formal living and dining rooms. There’s also a large living room and an enclosed patio area. With such a great location the possibilities are endless including Commercial, Residential or Farm and Ranch. (Additional acreage available).