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For sale
  • Price cut: $15K (5/11)
    $555,000

    40 Olson Rd, New Waverly, TX 77358

    2beds
    1,835sqft
    : 
    Single Family Residence
    Built in 2009
    2.79 Acres Lot
    $537,200 Zestimate®
    $302/sqft
    $-- HOA

    What's special

    Barndominium-style homeHigh ceilings throughoutBright open layout
    Motivated Seller! Escape the city and experience peaceful country living just minutes from town. This unique barndominium-style home sits on nearly 3 private acres, offering the perfect blend of modern comfort and wide-open space. Inside, you’ll find a bright, open layout, kitchen with a breakfast bar and high ceilings throughout. The home offers 2 spacious bedrooms and 2.5 baths, designed for comfort and functionality. Step outside and imagine the possibilities—room to roam, entertain, or create your own private getaway. Whether you're looking for a weekend retreat, full-time living, or investment opportunity, this property delivers. Plenty of space for outdoor living or expansion, Ideal for short-term rental or country lifestyle buyers. A standout feature of this property is the 970 sq ft climate-controlled shop — perfect for a home business, workshop, gym, studio, or additional storage. This flexible space adds incredible value and versatility you won’t find in most properties.
    26 days
    |
    341
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Estella Dawson TREC #0451897 281-782-5950,

    RE/MAX Partners

    Source: HAR,MLS#: 95175203MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Utility Room
      Kitchen
      • Features: Breakfast Bar, Kitchen open to Family Room
      Heating
      • Heat Pump
      Cooling
      • Ceiling Fan(s), Heat Pump
      Appliances
      • Included: Electric Oven, Microwave, Electric Range, Dishwasher
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • High Ceilings, 1 Bedroom Up, Primary Bed - 1st Floor, Walk-In Closet(s)
      • Flooring: Tile
      • Windows: Window Coverings
      Interior area
      • Total structure area: 1,835
      • Total interior livable area: 1,835 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway Gate, RV Access/Parking, Workshop in Garage, Attached & Detached
      • Carport spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Covered, Patio/Deck
      • Exterior features: Outdoor Kitchen
      • Fencing: Partial
      Lot
      • Size: 2.79 Acres
      • Features: Cleared, 0 Up To 1/4 Acre
      Details
      • Additional structures: Shed(s), Workshop
      • Parcel number: 34364

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2009

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Prescott Estates
      Location
      • Region: New Waverly

      Financial & listing details

      • Price per square foot: $302/sqft
      • Tax assessed value: $336,470
      • Annual tax amount: $5,491
      • Date on market: 4/20/2026
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
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        Estimated market value

        $537,200

        $510,000 - $564,000

        $2,481/mo

        Price history

        DateEventPrice
        5/11/2026Price change$555,000-2.6%$302/sqft
        Source: HAR #95175203 Report a problem
        4/27/2026Price change$570,000-1.7%$311/sqft
        Source: HAR #95175203 Report a problem
        4/20/2026Listed for sale$580,000-1.7%$316/sqft
        Source: HAR #95175203 Report a problem
        4/20/2026Listing removed$590,000$322/sqft
        Source: HAR #38315354 Report a problem
        4/6/2026Price change$590,000-1.7%$322/sqft
        Source: HAR #38315354 Report a problem
        3/30/2026Price change$599,900-2.4%$327/sqft
        Source: HAR #38315354 Report a problem
        3/27/2026Price change$614,900-3.9%$335/sqft
        Source: HAR #38315354 Report a problem
        3/16/2026Price change$640,000-1.5%$349/sqft
        Source: HAR #38315354 Report a problem
        1/22/2026Price change$650,000-3%$354/sqft
        Source: HAR #38315354 Report a problem
        11/7/2025Price change$670,000-2.9%$365/sqft
        Source: HAR #38315354 Report a problem
        10/31/2025Listed for sale$690,000$376/sqft
        Source: HAR #38315354 Report a problem
        2/5/2008Sold--
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,224 +20.3%$336,470 +13.6%
        2023$3,510 -4.7%$296,160 +43.4%
        2022$3,685 +23.1%$206,510 +27.2%
        2021$2,994 +8.3%$162,400 +8.5%
        2020$2,765 +1.9%$149,660 +9%
        2019$2,714 $137,300 +11.3%
        2017-- $123,390 +13.4%
        2016-- $108,780 -0.2%
        2015-- $108,970 +50.9%
        2014-- $72,220 +2.7%
        2013-- $70,300 -0.2%
        2012-- $70,440 +156.8%
        2011-- $27,430
        2010-- $27,430 +125.4%
        2009-- $12,170
        2008-- $12,170 +3.4%
        2007-- $11,770

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 77358

          Getting around

          0 / 100
          Car-Dependent

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: New Waverly Elementary School
          • Middle: New Waverly Junior High School
          • High: New Waverly High School

          Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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