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57 Family Ln, New Waverly, TX, 77358

5beds
3baths
2,176sqft
$1,250,000
$574price/sqft
$7,255/moest. monthly cost
$290,200/yrincome needed

About This Home

TWO HOMES ON OVER 19 ACRES OF BEAUTIFUL COUNTRY LIVING!! Take a look at this unique opportunity! Two homes, three wells and three aerobic septic systems and a third building site on almost 20 unrestricted serene acres. The first home (2176 sqft) is a 5-bedroom 3 bath home with carports and extensive covered porches to enjoy your private morning coffee. The second home (2208 sqft) is a 3-bedrom 2 bath home with carport and fenced in yard for the pet lover. The acreage is partially cleared with a well-established yard to enjoy the family activities while still maintaining a wooded privacy. There are current timber and hay agriculture exemptions in place. A 15xs30 storage/shop allows convenient storage for your equipment. Offering all three on the bucket list.......Low Tax Rate, No Flood Zone and UNRESTRICTED ACREAGE.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

8/10
6/10
New Waverly High SchoolGrades 9-125.8 mi

Construction

Condition

  • Year built: 2008

Materials

  • Foundation: Block & Beam
  • Roof: Composition
  • Construction materials: Cement Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 2,176
  • Total interior livable area: 2,176 sqft

Property

Details

  • Parcel number: 52950

Features

  • Stories: 1

Lot

  • Lot size: 19.10 Acres
  • Features: Cleared,Wooded,15 Up to 20 Acres

Parking

  • Total spaces: 6
  • Parking features: Driveway Gate,Attached & Detached
  • Covered spaces: 6
  • Carport: Yes
  • Carport spaces: 6

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
    Cold WaveVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Hurricane
Heat Wave
Inland Flooding
Ice Storm
Hail
Strong Wind
Wildfire

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm

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

MonthlyAnnual
Mortgage $6,320$75,840
Home Insurance *$579$6,948
Property Taxes $118$1,416
Electricity $238$2,867
Total$7,255$87,060
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$248,742/yr
40% on housing$217,650/yr
45% on housing$193,466/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 7.2%
7.2%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 12.0%
12.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$574This listing

vs Other Active Listings

Avg $/sqft

ZIP 77358$282
Walker County$212

vs Homes Sold Last Month

Median $/sqft

ZIP 77358$181
Walker County$140

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)

No zestimate history available

Price History

DateEventPrice
2026-04-28Price change$1,250,000
2026-01-06Price change$1,350,000
2025-06-20Price change$1,450,000
2025-05-01Listed for sale$1,600,000

For Sale by Agent

AgentKeith Henderson
BrokerageGreen & Associates Real Estate

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