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$7,900,000

28811 Riley Road, Waller, TX, 77484

On MarketInfo
CommercialInfo
Beds5 Beds
Baths5 Bath
Baths6,588 Sq Ft
Multi FamilyMulti Family
price_per_sqft$1,199.15 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesDisposal, Microwave, Dishwasher
FlooringMarble, Tile

Exterior

Exterior FeaturesPrivate Entrance
Lot Size5 acres

Building Information

Year Built2020
Stories3
Garage Spaces2

Land Information

APN825100-000-038-000
Lot Number38
SubdivisionTimber Ridge 1
Land UseResidential
Legal DescriptionS825100 TIMBER RIDGE 1 LOT 38 ACRES 5.0
Census Tract680602
Assessed Land Value$357,500
Assessed Improvement Value$2,447,490
Assessment Year2025

About this property

Extraordinary 10-Acre Multi-Family Estate, A rare and remarkable opportunity to own a one-of-a-kind 10-acre multi-family compound in Waller, TX This stunning property offers multiple residences, resort-style amenities, and endless possibilities for multi-generational living, or private retreat living. Features four separate homes, each with its own unique character, architectural design, and breathtaking views. Main Residence: An impressive 4-story home, designed for luxury living. Each bedroom features a private oversized balcony with spectacular outdoor views, dramatic architecture, and a truly unforgettable presence. House 2 A beautifully designed 2-story home with a unique open layout, exceptional outdoor patio, and a garage apartment. House 3 Another stunning 3-story home, offering panoramic balcony views. House 4 A spacious home featuring a massive workshop, an incredible resort-style pool, and fully equipped outdoor kitchen. Large standalone shop with office space

Investor Tools

$0Estimated Mortgage Balance
$2,804,990Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$47,400 /month
Positive
Cash Flow Estimate:
$15,800 /month

Interested in this property?

Alfredo Zavala

HomeSmart

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,812
$2,804,990
2025
$357,500
$2,447,490
$2,804,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,812
$2,804,990

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,804,990
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: Waller

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