Price Improvement! Room to spread out! Come see this gem situated on 2.79 acres in New Waverly. This 2 bdroom 2 1/2 bath barndo is perfect for all occasions. Inside you will find high ceilings a private primary bedroom with ensuite and a private deck off the bedroom. Upstairs is a cozy loft bedroom with a 1/2 bath. Downstairs also has another full bath with a flex room for office or crafts. Bring your RV's as there are multiple hookups with sewer! This set up is perfect for entertaining with tons of covered outdoor space including an Outdoor kitchen, dining and seating area. Great for hosting all types of events complete with 3 outdoor bathrooms. Bring your toys and tools, plenty of storage in the 970 sq ft insulated shop with 220 power and is climate controlled. So much to offer with this property but is also very tranquil and serene. Come enjoy nature and less than an hour from Houston!
For sale
Price cut: $10K (3/16)
$640,000
40 Olson Rd, New Waverly, TX 77358
2beds
1,835sqft
Est.:
Single Family Residence
Built in 2009
2.79 Acres Lot
$620,400 Zestimate®
$349/sqft
$-- HOA
What's special
Outdoor kitchenHigh ceilingsCozy loft bedroom
- 144 days |
- 369 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: March 16, 2026 at 09:46am
Listed by:
Estella Dawson TREC #0451897 281-782-5950,
RE/MAX Partners
Source: HAR,MLS#: 38315354
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, 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: 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: $349/sqft
- Tax assessed value: $336,470
- Annual tax amount: $5,491
- Date on market: 10/31/2025
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Estimated market value
$620,400
$589,000 - $651,000
$2,711/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/16/2026 | Price change | $640,000-1.5%$349/sqft |
Source:  HAR #38315354 Report a problem | ||
| 1/22/2026 | Price change | $650,000-3%$354/sqft |
Source: HAR #38315354 Report a problem | ||
| 11/7/2025 | Price change | $670,000-2.9%$365/sqft |
Source: HAR #38315354 Report a problem | ||
| 10/31/2025 | Listed for sale | $690,000$376/sqft |
Source: HAR #38315354 Report a problem | ||
| 2/5/2008 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
BuyAbility℠ payment
Est. payment
$3,919/mo
Principal & interest
$3210
Property taxes
$709
More affordability tools
Climate risks
Neighborhood: 77358
Nearby schools
GreatSchools rating
- 5/10New Waverly Intermediate SchoolGrades: 4-5Distance: 7.5 mi
- 8/10New Waverly Junior High SchoolGrades: 6-8Distance: 7.2 mi
- 6/10New Waverly High SchoolGrades: 9-12Distance: 7.7 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.
Local experts in 77358
- Texas
- Walker County
- New Waverly
- 77358
- 40 Olson Rd
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