Excellent investment opportunity! Situated on a spacious 1-acre rural lot, this 2-bedroom, 1-bath home offers potential for the right buyer. The property is part of an estate and is being sold as-is, giving you the chance to customize and restore it to your vision. While the home currently does not have a kitchen, the interior features generously sized rooms that provide a solid starting point for renovation. Outside, you’ll find a detached garage, perfect for storage, a workshop, or hobby space. The surrounding area is quiet and peaceful, offering the privacy of country living. This property provides the chance to shape a home on land, something they're not making any more of.
For sale
Price cut: $7.3K (4/23)
$137,750
55 Dipping Vat Rd, New Waverly, TX 77358
2beds
1,128sqft
Est.:
Single Family Residence
Built in 1995
1 Acres Lot
$132,300 Zestimate®
$122/sqft
$-- HOA
What's special
Detached garageGenerously sized rooms
- 73 days |
- 1,187 |
- 102 |
Zillow last checked:
Listing updated:
Listed by:
Kourtney Prentiss TREC #0730588 832-683-8292,
Central Metro Realty
Source: HAR,MLS#: 30026445
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bathroom
- Features: Primary Bath: Tub/Shower Combo
Heating
- Window Unit
Cooling
- Window Unit(s)
Features
- All Bedrooms Down
- Flooring: Wood
Interior area
- Total structure area: 1,128
- Total interior livable area: 1,128 sqft
Property
Parking
- Parking features: Detached, Workshop in Garage
- Has garage: Yes
Features
- Stories: 1
- Fencing: None
Lot
- Size: 1 Acres
- Features: Wooded, 1/2 Up to 1 Acre
Details
- Additional structures: Workshop
- Parcel number: 12866
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Unknown, Wood Siding
- Foundation: Block & Beam
- Roof: Composition
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: New Waverly
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $139,750
- Annual tax amount: $2,452
- Date on market: 3/7/2026
- Listing terms: Cash,Conventional,Investor
- Road surface type: Dirt
Estimated market value
$132,300
$126,000 - $139,000
$1,570/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Price change | $137,750-5%$122/sqft |
Source:  HAR #30026445 Report a problem | ||
| 4/2/2026 | Price change | $145,000-3.3%$129/sqft |
Source: HAR #30026445 Report a problem | ||
| 3/7/2026 | Listed for sale | $150,000$133/sqft |
Source: HAR #30026445 Report a problem | ||
| 1/20/2026 | Listing removed | $150,000$133/sqft |
Source: HAR #30026445 Report a problem | ||
| 11/25/2025 | Pending sale | $150,000$133/sqft |
Source: HAR #30026445 Report a problem | ||
| 11/20/2025 | Listed for sale | $150,000$133/sqft |
Source: HAR #30026445 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,089 +28.5% | $137,743 +10% |
| 2023 | $847 -39.4% | $125,221 +10% |
| 2022 | $1,399 -28.6% | $113,837 +7.2% |
| 2021 | $1,958 +12.7% | $106,200 +12.9% |
| 2020 | $1,738 -1.4% | $94,080 +5.5% |
| 2019 | $1,763 | $89,180 +6.2% |
| 2017 | -- | $83,990 +7.7% |
| 2016 | -- | $77,980 +0.4% |
| 2015 | -- | $77,650 +8% |
| 2014 | -- | $71,900 +68.2% |
| 2013 | -- | $42,750 +2.4% |
| 2012 | -- | $41,750 |
| 2011 | -- | $41,750 -1.4% |
| 2010 | -- | $42,340 |
| 2009 | -- | $42,340 |
| 2008 | -- | $42,340 +19.4% |
| 2007 | -- | $35,472 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 77358
Nearby schools
GreatSchools rating
- 5/10New Waverly Intermediate SchoolGrades: 4-5Distance: 5.2 mi
- 8/10New Waverly Junior High SchoolGrades: 6-8Distance: 5.2 mi
- 6/10New Waverly High SchoolGrades: 9-12Distance: 5.8 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Walker County
- New Waverly
- 77358
- 55 Dipping Vat Rd
Nearby cities
Nearby zip codes
Other New Waverly Topics
