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$359,000

NAL Estimated Property Value

24 Novark Rd, New Waverly, TX, 77358

$466,700 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,390 Sq Ft
price_per_sqft$305.76 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesWater Softener, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size1.01 acres

Building Information

Year Built1920
Stories1
Roof Type105

Land Information

APN55655
SubdivisionMarsh R (A-373)
Land UseResidential
Legal DescriptionMARSH R (A-373), TRACT 14.1, ACRES 1.01
Census Tract790200
Assessed Land Value$77,150
Assessed Improvement Value$212,670
Assessment Year2025

About this property

Welcome to your slice of Texas heaven! 2-dwellings nestled on a peaceful, quiet street in New Waverly ISD. The 3-bedroom, 2-bath farmhouse sits on 2-fully fenced acres and is brimming with charm, opportunity, and good ol’ country character. The main home welcomes you with warm, rustic appeal and modern comforts, while an additional dwelling—connected to a spacious barndominium—offers endless possibilities: a guest suite, rental income, or your next big business venture! This property has a workshop, bring your show animals and your dreams—this property is ready for it all! Features include a chicken coop village, a quaint pond, a twinkle-lit garden, a greenhouse, a well house, and even a water softener for that extra touch of care. There’s a 50-amp RV hookup for guests or travel lovers, and durable PEX plumbing already in place. Whether you're looking for a peaceful homestead, investment opportunity, or a creative space to work and play—this property has it all... and then some!

Investor Tools

Property Icon
$359,000
Estimated Property Value
$321,626Estimated Mortgage Balance
$37,374Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$466,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,145
$289,820
2025
$77,150
$212,670
$289,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,145
$289,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$326,400
No
First
Jul 23, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$321,626
$45,374
12%
90%
$1,957/mo

City: New Waverly

24 Novark Rd | Property Details | No Agent List