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$735,000

NAL Estimated Property Value

494 Hostetter Rd, New Waverly, TX, 77358

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,297 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$272.09 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size7.09 acres

Building Information

Year Built1990
Stories2
Roof Type105
Garage Spaces4

Land Information

APN32855
Lot Number2,3
SubdivisionMoon Plat
Land UseResidential
Legal DescriptionMOON PLAT, LOT 2A, ACRES 7.09, (AKA LOT 2 & 3) SCOTT ALLEN OHAGAN 9.40AC (AKA LOT 2 & 3) SCOTT ALLEN OHAGAN 9.40AC
Census Tract790302
Assessed Land Value$279,380
Assessed Improvement Value$322,970
Assessment Year2025

About this property

3 bed/3 bath English cottage style home on 7.20+/- unrestricted partially cleared acres nested among tall pines and close to Sam Houston National Forest! Home can be sold on the 3.13 acres instead of 7.20 for a reduced price! (call agent for the price) Included updates: vinyl plank flooring, recent paint, carpet, plumbing/lighting fixtures. The kitchen stuns with its Quartz countertops, subway tile backsplash, walk-in pantry, and center island with breakfast bar. Spacious living area is full of light! High end window treatments, vaulted ceilings and wb fireplace add to the home's classic style. Whole house generator provides peace of mind. New high end water well pump 2022, A/C replaced 2020, new roof 2017. Relax on your back porch overlooking your little piece of country paradise with shade trees, fruit trees (peach, pecan, almond, pomegranate, citrus, fig, banana), blooming vegetation and fragrant herbs. 30 minutes to The Woodlands! Bring your livestock and poultry...

Investor Tools

Property Icon
$735,000
Estimated Property Value
$0Estimated Mortgage Balance
$735,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,410 /month
Positive
Cash Flow Estimate:
$1,470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$710/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,846
$602,350
2025
$279,380
$322,970
$602,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,846
$602,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$602,350
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
2.8%

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: New Waverly

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494 Hostetter Rd | Property Details | No Agent List