




$300,000
5 Hyman Road, New Waverly, TX, 77358
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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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: New Waverly
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