$135,000
159 Gypsum Road, New Waverly, TX, 77378
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About this property
Discover the perfect place to create your dream home on this beautiful 1.26-acre lot located in the sought-after acreage community of Deer Forest in New Waverly. Utilites already in the neighborhood - water, electric, fiber optic, high speed internet. Enjoy the privacy and quiet of country living while staying conveniently close to everyday essentials. Located just minutes from Lake Conroe and Sam Houston National Forest, approximately 15 minutes to shopping and grocery stores, and only 20 minutes from the premier dining, entertainment, and amenities of The Woodlands. With low taxes, NO MUD tax, a minimum build requirement of only 2,000 sq ft, and no required timeframe to start construction, this property gives you the flexibility to build when the time is right. A rare opportunity to own acreage in a desirable location—don’t let it pass you by!
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Learn About the Market: Opportunity in Texas




Explore
Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: New Waverly
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These are Deal List properties graded A+, A.
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