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$875,000

2016 Prairie Meadow Trl, Waller, TX, 77484

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,321 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$263.47 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size1.05 acres

Building Information

Year Built2023
Garage Spaces2

Land Information

APN562002-002-010-000
Lot Number10
SubdivisionLakeview 2
Land UseResidential
Legal DescriptionS562002 LAKEVIEW 2 BLK 2 LOT 10 ACRES 1.05
Census Tract680302
Assessed Land Value$76,000
Assessed Improvement Value$506,580
Assessment Year2025

About this property

Discover the perfect blend of luxury, space, and versatility at this exceptional home situated on 1 acre. This property features a beautifully appointed 3035 sq ft single story home, a backyard oasis, 1200 sq ft detached building & garage space for up to 7 vehicles. The main home boasts an open-concept design, abundant natural light, a gourmet island kitchen, designer finishes, flexible living spaces, 4 bedrooms, 3.5 baths & an attached 3 car garage. Step outside to the backyard retreat featuring a sparkling pool, covered patio, outdoor kitchen & tranquil views. The detached building is a standout feature, offering a 4 car tandem garage w/ full size doors on both the front & back, a private office & a pool room w/a half bath & sliding doors that open directly to the backyard - creating the ultimate space for entertaining. Whole-home generator included. Lakeview is a peaceful acreage community with a 45 acre stocked lake, convenient access to Hwy 290 & zoned to Waller ISD.

Investor Tools

Property Icon
$606,000
Estimated Property Value
$585,959Estimated Mortgage Balance
$46,631Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

Interested in this property?

Jimmy Franklin

eXp Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$961/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$582,580
2025
$76,000
$506,580
$582,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$582,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Grace Home Lending Llc
Va
$585,959
Yes
First
Jan 30, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$559,369
$101,631
15%
92%
$3,514/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.

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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: Waller

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2016 Prairie Meadow Trl | Property Details | No Agent List