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$300,000

5 Hyman Road, New Waverly, TX, 77358

On MarketInfo
Baths0 Bath
Single Family ResidenceSingle Family Residence

About this property

Build Your Dream Home on 3 Acres in New Waverly! This 3-acre corner lot offers the perfect blend of convenience and tranquility. Partially wooded and partially cleared, it's ready for your custom home design. Enjoy the ideal location close to grocery stores, schools, and the recreational paradise of Lake Conroe. With easy access to the freeway, commuting is a breeze while still relishing a peaceful retreat. An existing structure is on the property, though it holds no value and can be removed to make way for your vision. Don't miss this opportunity to create your dream home in a prime location!

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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5 Hyman Road | Property Details | No Agent List