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$248,000

NAL Estimated Property Value

402 Hostetter Road, New Waverly, TX, 77358

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,470 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.07 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.41 acres

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN32873
Lot Number23.1
SubdivisionMoon Plat
Land UseResidential
Legal DescriptionMOON PLAT, LOT 23.1, ACRES 1.41
Census Tract790302
Assessed Land Value$102,010
Assessed Improvement Value$120,790
Assessment Year2025

About this property

This charming brick 3-bedroom, 2-bath home is nestled on a quiet country road, set on 1.4 acres that offer peace, privacy, and a natural, rural ambiance. The interior has fresh paint started and is ready for your finishing touches—flooring and fixtures can be completed to make the home your own while retaining its solid, well-built foundation. Mature pine trees line the back of the property, creating a serene backdrop and added privacy, while a meandering creek adds character and potential for outdoor enjoyment. A well house with a lean-to on a concrete slab offers convenient utility space, perfect for storage or hobbies. This home is ready for cosmetic updates to make it uniquely yours. Located within New Waverly ISD, it combines the tranquility of country living with access to quality schools.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$0Estimated Mortgage Balance
$248,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,230
$219,274
2025
$102,010
$120,790
$222,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,230
$219,274

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$248,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
8.3%

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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402 Hostetter Road | Property Details | No Agent List