38241 N Bonnie Lake Drive, Hempstead, TX 77445
Rolling Hills 1 · Waller County
Key Facts
Description
4.8% Assumable VA Loan available to buyers! Well-maintained and unique property nestled on approximately ¾ of an acre at 38241 N Bonnie Lake Dr in Hempstead, TX. This comfortable home offers 3 bedrooms and 2 bathrooms, as wells as a separate detached one-bedroom, one-bath unit that adds incredible flexibility. The detached space is ideal for guest accommodations, rental income, a private home office, man cave, or she-shed. The main residence blends charm and functionality, while the spacious lot provides ample room for gardening, recreation, or future improvements. A carport and additional outdoor storage add everyday convenience. Tucked away in a peaceful setting yet within easy reach of town and major roadways, this property is perfect for those seeking privacy, space, and a relaxed country lifestyle.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Other
Year Built
1999
Living Area
1,308 sq ft
Lot Size
0.74 acres
Parking Spaces
1
Days on Market
19
MLS® Listing#
82139632
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Schools
- Elementary:
- H T Jones Elementary School
- Middle:
- Schultz Junior High School
- High:
- Waller High School
Financial Details
HOA
$50 / Annually
Annual Taxes
$3,948
Tax year 2025
Parcel Number
755100002045000
Directions
From Texas State Highway 6 (SH 6) in Hempstead, head east on FM 1736 (also called FM 1458/Bonnie Lake Road), then turn right onto Killarney Road. Continue and turn left on the first cross street, then follow local streets onto Kerry Street. Turn right onto Bonnie Lake Drive and continue to 38241 N Bonnie Lake Dr on the left.
Affordability Calculator
$49,998
Estimated monthly payment
$1,331/mo
Principal $199,992 · Est. interest $279,007 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Hempstead, TX
- $356,098
- Median Listing Price
- 53
- Median Days on Market
- 1,806
- Median Sq Ft
- $168
- Median Price / Sq Ft
- 82
- Active Listings
- This home’s price is 30% below the area median.
- Its price per sq ft is 14% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Hempstead, TX.
Location
Points of Interest in Hempstead, TX
Showing the Hempstead area map.
Nearby Schools
Fields Store Elementary School
Elementary · 5.4 mi away
Community Christian Academy
School · 5.6 mi away
H T Jones Elementary
Elementary · 5.9 mi away
Hempstead Elementary
Elementary · 6.0 mi away
Hempstead High School
Secondary · 6.4 mi away
Hempstead Isd
School · 6.5 mi away
Waller High School
Secondary · 8.4 mi away
Holleman Elementary
Elementary · 8.8 mi away
Waller Isd
School · 9.0 mi away
Grace Christian Academy
School · 9.2 mi away
Schultz Junior High School
Secondary · 9.9 mi away
Waller Isd Transportation Department
School · 10.1 mi away
Evelyn Turlington Elementary School
Elementary · 11.3 mi away
High Point Elementary School
Elementary · 14.5 mi away
Magnolia West High School Fccla
Secondary · 15.3 mi away
Magnolia West High School
Secondary · 15.8 mi away
Magnolia Independent School di
Elementary · 16.1 mi away
Alpha Academy
Secondary · 16.1 mi away
Nichols Sawmill Elementary
Elementary · 16.2 mi away
Magnolia Isd
Secondary · 16.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1920 6th Street, Hempstead, TX | $183,000 | 3 | 2 | 1,431 |
| 1020 10th Street, Hempstead, TX | $189,000 | 3 | 3 | 1,325 |
| 1525 Calvit Street, Hempstead, TX | $190,000 | 3 | 2 | 1,634 |
| 1935 1st Street, Hempstead, TX | $194,900 | 3 | 2 | 1,072 |
| 218 19th Street, Hempstead, TX | $209,500 | 4 | 3 | 1,772 |
| 1239 21st Street, Hempstead, TX | $210,000 | 3 | 3 | 1,570 |
Moving Cost Estimate
EXIT Agents in Hempstead
Listing Courtesy: Illustrious Realty, LLC - 8324250484
Last Updated: 2026-05-28