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B+
NoAgentList RatingHow are grades calculated? Info

$1,283,560

192 B Fm 1097, New Waverly, TX, 77358

$1,556,041 ARVInfo
Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths4,748 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$315.71 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Water Softener, Wine Refrigerator, Gas Oven, Microwave, Gas Range, Dishwasher, Instant Hot Water, Water Purifier
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size16.11 acres

Building Information

Year Built2023
Stories2
Roof Type105
Garage Spaces4

Land Information

APN68223
Lot Number10
SubdivisionTribute Ranch Section 2
Land UseResidential
Legal DescriptionTRIBUTE RANCH SECTION 2, LOT 10, ACRES 16.11
Census Tract790200
Assessed Land Value$251,240
Assessed Improvement Value$1,032,320
Assessment Year2025

About this property

This stunning 6-bedroom, 4-bathroom home sits on 16 ACRES of serene land. The open floor plan is filled with natural light and offers a spacious living room with fireplace and sliding patio doors that blend indoor and outdoor living. The CHEF'S KITCHEN features a large island, quartz & butcher block countertops, ample storage, and top-of-the-line appliances. The primary suite is a retreat with a private sitting area, luxurious ensuite, frameless shower, double sinks, and a huge walk-in closet. Two upstairs rooms are flexible for a gym, pet space, and/or a movie room. Enjoy peaceful evenings on the expansive back porch with outdoor audio. EQUESTRIAN lovers will appreciate the 8-stall barn, round pen, and fenced paddocks. There’s also a STOCKED POND, pet pen, and separate 1-bed, 1-bath GUEST QUARTERS with kitchenette above the carport. Additional features include an RV pad with TWO hookups and a 40x75 equipment BUILDING. A perfect blend of LUXURY and functionality for WORK & PLAY.

Investor Tools

Property Icon
$1,283,560
Estimated Property Value
$0Estimated Mortgage Balance
$1,283,560Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,556,041
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,994 /month
Positive
Cash Flow Estimate:
$2,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,213/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,138
$1,283,560
2025
$251,240
$1,032,320
$1,283,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,138
$1,283,560

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,283,560
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: New Waverly

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192 B Fm 1097 | Property Details | No Agent List