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$75,000

NAL Estimated Property Value

157 Iron Horse Road, New Waverly, TX, 77378

Off MarketInfo

About this property

Welcome to Deer Forest, a thoughtfully designed acreage community located in the scenic heart of New Waverly. This private, wooded 1-acre lot offers the perfect opportunity to build your dream home in a serene, natural setting. While this lot is officially recorded as 157 Iron Horse per county records, it may also appear as 157 Gypsum Road in some GPS systems or older listings. Both refer to the same parcel of land and are located within the Deer Forest subdivision, just minutes from I-45 and a short drive to The Woodlands or Lake Conroe. What makes Deer Forest stand out is its flexible, build-your-way concept. Buyers have the freedom to choose from a curated list of approved builders—ensuring quality and cohesion throughout the neighborhood—while still allowing for personal style, layout, and design preferences. Whether you're looking for a modern farmhouse, a traditional estate, or a barndominium-style retreat, this lot provides the blank canvas to make it happen.

Investor Tools

Property Icon
$75,000
Estimated Property Value
$0Estimated Mortgage Balance
$75,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$450 /month
Positive
Cash Flow Estimate:
$150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$495/month
5.947%

City: New Waverly