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B+
NoAgentList RatingHow are grades calculated? Info
Days361Days on Market
Views1view

$1,250,000

57 Family Ln, New Waverly, TX, 77358

On MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,176 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$574.45 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Microwave

Exterior

Lot Size9.55 acres

Building Information

Year Built2008
Stories1
Garage Spaces5

Land Information

APN52950
SubdivisionGarza J M (A-22)
Land UseResidential
Legal DescriptionGARZA J M (A-22), TRACT 70.2, ACRES 9.552, (MH 70.21), LABEL# HWC0396000, SN1 CSS009716TXA; SN2 CSS009716TXB; HUD#2 HWC039600
Census Tract790200
Assessed Land Value$229,050
Assessed Improvement Value$80,730
Assessment Year2025

About this property

TWO HOMES ON OVER 19 ACRES OF BEAUTIFUL COUNTRY LIVING!! Take a look at this unique opportunity! Two homes, three wells and three aerobic septic systems and a third building site on almost 20 unrestricted serene acres. The first home (2176 sqft) is a 5-bedroom 3 bath home with carports and extensive covered porches to enjoy your private morning coffee. The second home (2208 sqft) is a 3-bedrom 2 bath home with carport and fenced in yard for the pet lover. The acreage is partially cleared with a well-established yard to enjoy the family activities while still maintaining a wooded privacy. There are current timber and hay agriculture exemptions in place. A 15xs30 storage/shop allows convenient storage for your equipment. Offering all three on the bucket list.......Low Tax Rate, No Flood Zone and UNRESTRICTED ACREAGE.

Investor Tools

Property Icon
$1,238,000
Estimated Property Value
$196,417Estimated Mortgage Balance
$1,129,740Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

Interested in this property?

Keith Henderson

Green & Associates Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$596
$303,520
2025
$229,050
$80,730
$309,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$596
$303,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Building Or Construction Loan
$196,417
No
First
Aug 8, 2008
Oct 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,835
$1,227,165
91%
9%
$1,178/mo

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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57 Family Ln | Property Details | No Agent List