This income generating 4-acre property includes three tenant-occupied homes, all are on one-year leases. The two units are recently renovated 1,500 sq ft home with 3 bedrooms and 2 bathrooms. The third is a 2-bedroom home on a pier and beam foundation. Two units have brand new appliances. The land is partly fenced, has a water well and two septic tanks, and is great for livestock or horses. It's located on FM 362, a growing road that connects I-10, US 290, FM 1488, and the future SH 105/249. The property is about 4 miles from US 290 and Waller High School. Nearby developments include a 520-acre site by Wolff Companies, a new Toyota dealership, and Daikin’s large facility employing 6,000+. A 450-acre town center is also planned nearby. US 290’s expansion & the Grand Parkway make this area easy to reach. Great potential for commercial, residential, or industrial use. Waller is growing fast & this property is in the path of major development. Generating $5000+ rent per month, cant miss.
For sale
$875,000
24106 Fm 362 Rd, Waller, TX 77484
3beds
4,000sqft
Est.:
Triplex
Built in 2015
-- sqft lot
$812,100 Zestimate®
$219/sqft
$-- HOA
What's special
- 46 days |
- 113 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: November 11, 2025 at 02:02am
Listed by:
Sreeni Todupunoori TREC #0751619 281-241-9242,
Texas Signature Realty
Source: HAR,MLS#: 56741145
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Propane
Cooling
- Electric
Appliances
- Included: Range, Disposal, Microwave, Dishwasher, Refrigerator
Interior area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Video & virtual tour
Property
Features
- Stories: 1
Lot
- Size: 4.01 Acres
- Features: Cleared, 2 Up to 5 Acres
Details
- Parcel number: 339500011001100
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 2015
Community & HOA
Location
- Region: Waller
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $479,612
- Date on market: 11/10/2025
- Lease term: 1 Year
Estimated market value
$812,100
$763,000 - $853,000
$3,097/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Listed for sale | $875,000-10.3%$219/sqft |
Source: | ||
| 11/10/2025 | Listing removed | $975,000$244/sqft |
Source: | ||
| 7/9/2025 | Listed for sale | $975,000+343.2%$244/sqft |
Source: | ||
| 6/18/2025 | Listing removed | $1,800 |
Source: | ||
| 5/27/2025 | Listed for rent | $1,800+63.6% |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $389,294 +20% |
| 2024 | $1,923 +4.2% | $324,412 +7.2% |
| 2023 | $1,844 +73.3% | $302,737 +83.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,494/mo
Principal & interest
$4196
Property taxes
$992
Home insurance
$306
Climate risks
Neighborhood: 77484
Nearby schools
GreatSchools rating
- 4/10H T Jones Elementary SchoolGrades: PK-5Distance: 3.3 mi
- 4/10Schultz J High SchoolGrades: 6-8Distance: 3.8 mi
- 3/10Waller High SchoolGrades: 8-12Distance: 4 mi
Schools provided by the listing agent
- Elementary: H T Jones Elementary School
- Middle: Schultz Junior High School
- High: Waller 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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