Lot W (23) Ponderosa Drive, New Waverly, TX, 77358

On Market

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0 Bath

About this property

A Beautiful 5 Acre Home-site in one of the Houston area's most sought after Airpark communities - Waverly Acres! This rectangular lot has already been cleared and sits directly across a new southern taxiway entrance to the South end of the Grass Runway. Design & Build your very own home & hangar - need a designer/builder? We can help you with that too! 2500 sq ft minimum for the house and 5000 sq ft max for the hangar. Water & underground Electricity available to the property. Enjoy mingling with other pilots and their families. Get acquainted with your neighbors at the monthly events - April just had a well attended pancake breakfast in one owners hangar. Waverly Acres Airpark is north of Houston nestled among the rolling hills and majestic pines. Identifier XS09 - features a 3800 x 125 ft turf 18/36 runway. Located close to a major Interstate with convenient access to Conroe and The Woodlands for shopping, dining, and medical/hospitals. Deed Restrictions on request

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,950 /month

Positive

Cash Flow Estimate:

$650 /month

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Rusty Shannon

Patti Shannon Properties

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$1,000/month

5.947%

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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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