$670,000
$20K PRICE DROP

40 Olson Rd New Waverly, TX 77358

Estimated payment $3,990/month

Total Views 894
2 Beds
2.5 Baths
1,835 Sq Ft
$365 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Deck
  • Outdoor Kitchen
  • New Waverly Elementary School Rated A-
  • Converted Barn or Barndominium
  • High Ceiling

About This Home

Room to spread out! Come see this gem situated on 2.79 acres in New Waverly. This 2 bdroom 2 1/2 bath barndominium 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!

Listing Agent

Estella Dawson

RE/MAX Partners License #0451897 Listed on: 10/28/2025

RE/MAX Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,491

Year Built

  • Built in 2009

Lot Details

  • 2.79 Acre Lot
  • Fenced Yard
  • Partially Fenced Property
  • Cleared Lot

Home Design

  • Converted Barn or Barndominium
  • Slab Foundation
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 1,835 Sq Ft Home
  • 1.5-Story Property
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Home Office
  • Utility Room
  • Washer and Electric Dryer Hookup
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Carport Spaces
  • Workshop in Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Separate Outdoor Workshop
  • Shed

Schools

  • New Waverly Elementary School
  • New Waverly Junior High School
  • New Waverly High School

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Septic Tank

Community Details

  • Prescott Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,491

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Year Built: 2009
  • Lot Size Acres: 2.789
  • Subdivision Name: Prescott Estates
  • Architectural Style: Barndominium
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • UniversalParcelId: urn:reso:upi:2.0:US:48471:34364
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, High Ceilings, Kitchen/Family Room Combo, Window Treatments, Ceiling Fan(s)
  • Living Area: 1835.0
  • Dining Room Type: Living Room, Office, Utility Room
  • Window Features: Window Coverings

Exterior Features

  • Disclosures: Seller Disclosure
  • Roof: Metal
  • Fencing: Partial
  • Lot Features: Cleared
  • Pool Private: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Covered Patio, Deck, Fence, Outdoor Kitchen, Patio, Storage
  • Foundation Details: Slab
  • Other Structures: Shed(s), Workshop
  • Patio And Porch Features: Covered, Deck, Patio

Garage/Parking

  • Carport Spaces: 2.0
  • Parking Features: Attached Carport, Detached Carport, RV Access/Parking, Workshop in Garage

Utilities

  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Schools

  • Elementary School: NEW WAVERLY ELEMENTARY SCHOOL
  • Junior High Dist: 105 - New Waverly
  • High School: NEW WAVERLY HIGH SCHOOL
  • Middle Or Junior School: NEW WAVERLY JUNIOR HIGH SCHOOL

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5491.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,224 $336,470 $111,510 $224,960
2023 $4,224 $296,160 $111,510 $184,650
2022 $3,685 $206,510 $85,650 $120,860
2021 $3,000 $162,400 $55,030 $107,370
2020 $2,958 $149,660 $46,030 $103,630
2019 $2,922 $137,300 $38,100 $99,200
2018 $2,724 $125,710 $38,180 $87,530
2017 $2,727 $123,390 $38,180 $85,210
2016 $2,404 $108,780 $30,400 $78,380
2015 -- $108,970 $30,590 $78,380
2014 -- $72,220 $23,280 $48,940
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2025 11/07/25 Price Changed $670,000 -2.9% $365 / Sq Ft
10/28/2025 10/28/25 For Sale $690,000 -- $376 / Sq Ft
Source: Houston Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- Stewart Title
Vendors Lien -- --
Foreclosure Deed $13,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $225,000 Construction
Previous Owner $10,000 Purchase Money Mortgage
Source: Public Records

Source: Houston Association of REALTORS®

MLS Number: 38315354

Houston Association of REALTORS®

APN: 34364