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$385,000

41 Lakeview, New Waverly, TX, 77358

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,043 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.45 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Electric Cooktop, Dishwasher

Exterior

Lot Size8,799 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26831
Lot Number1
SubdivisionEmerald Wood Ranchettes
Land UseResidential
Legal DescriptionEMERALD WOOD RANCHETTES, BLOCK 7, LOT 1, ACRES 0.202
Census Tract790302
Assessed Land Value$14,270
Assessed Improvement Value$233,440
Assessment Year2025

About this property

Set on just under 6 unrestricted acres in New Waverly with easy access to I-45, this property offers space, privacy, and flexibility. The 3-bedroom, 2-bath home features a cedar structure with vinyl siding added for easier maintenance. Inside, the main living area is generously sized with multiple entry points and two enclosed front porch spaces for added versatility. The kitchen and breakfast area are slightly elevated and connect to a practical floor plan that separates the primary suite from the secondary bedrooms. The primary bedroom includes a unique sunken bed area, built-ins, a sitting space, and a large walk-in closet. Secondary bedrooms also feature built-in storage. A screened-in back porch provides a comfortable spot to enjoy the surrounding acreage. The property also includes a detached 2-car carport and an approximately 620 sq ft workshop. Some areas of the land have been cleared, while the remaining wooded sections offer natural privacy and a peaceful setting.

Investor Tools

$0Estimated Mortgage Balance
$396,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

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Kimberly Roberts

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,082
$247,710
2025
$14,270
$233,440
$247,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,082
$247,710

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$396,000
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
5.2%

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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41 Lakeview | Property Details | No Agent List