5 Acre Airpark Subdivision Home-site located on the southeastern side of the community. Don't own a plane, that's ok, you don't have to be a pilot to own property in Waverly Acres. Ready for your construction of a home and an airplane hangar or outbuilding. Waverly Acres Airpark Identifier XS09 - features a 4100 x 125 ft turf runway. This community is located close to I-45 with convenient access to Conroe and The Woodlands for shopping, dining, and medical/hospitals. City water & underground electricity, aerobic waste system required. Deed Restrictions. 2500 sq ft minimum for residence.