40 Olson Rd, New Waverly, TX, 77358
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2009
Materials
- Foundation: Slab
- Roof: Metal
- Construction materials: Aluminum Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Oven,Microwave,Electric Range,Dishwasher
- Laundry features: Electric Dryer Hookup,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- High Ceilings,1 Bedroom Up,Primary Bed - 1st Floor,Walk-In Closet(s)
- Window features: Window Coverings
- Flooring: Tile
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Ceiling Fan(s),Heat Pump
Interior Area
- Total structure area: 1,835
- Total interior livable area: 1,835 sqft
Kitchen
- Features: Breakfast Bar,Kitchen open to Family Room
Property
Details
- Parcel number: 34364
Features
- Stories: 1
- Patio & porch: Covered,Patio/Deck
- Exterior features: Outdoor Kitchen
- Fencing: Partial
Lot
- Lot size: 2.79 Acres
- Features: Cleared,0 Up To 1/4 Acre
Parking
- Total spaces: 2
- Parking features: Driveway Gate,RV Access/Parking,Workshop in Garage,Attached & Detached
- Covered spaces: 2
- Carport: Yes
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Tornado
- Hurricane
- Heat Wave
- Inland Flooding
- Ice Storm
- Hail
- Strong Wind
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,806 | $33,672 |
| Home Insurance * | $257 | $3,084 |
| Property Taxes | $484 | $5,808 |
| Electricity | $238 | $2,859 |
| Total | $3,785 | $45,420 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Price change | $555,000 |
| 2026-04-27 | Price change | $570,000 |
| 2026-04-20 | Listed for sale | $580,000 |
| 2026-04-20 | Listing removed | $590,000 |
| 2026-04-06 | Price change | $590,000 |
| 2026-03-30 | Price change | $599,900 |
| 2026-03-27 | Price change | $614,900 |
| 2026-03-16 | Price change | $640,000 |
| 2026-01-22 | Price change | $650,000 |
| 2025-11-07 | Price change | $670,000 |
| 2025-10-31 | Listed for sale | $690,000 |
| 2008-02-05 | Sold | -- |
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