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40 Olson Rd

New Waverly, TX 77358
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Just listedJust listed
2 Bedroom(s)
2 Full & 1 Half Bath(s)
1,835 Sqft
2.79 Lot Acres
Single-Family

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Description

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.

MLS#
95175203
List Price
$580,000 ($316/Sqft.)
Listing Status
For Sale
Address
40 Olson Rd
City
New Waverly
State
TX
Zip Code
77358
County
Walker County
Subdivision
Prescott Estates
Legal Description
PRESCOTT ESTATES, LOT 4, ACRES 2.789, (MH 4.01)
Property Type
Single-Family
Bedroom
2 Bedroom(s)
Bath
2 Full & 1 Half Bath(s)
Stories
1.5
Building Size
1,835 Sqft/Appraisal
Architecture Style
Barndominium
Year Built
2009 /Appraisal District
Lot Size
2.79 Lot Acres/Appraisal District
LP / Acre
$207,960 / Acre
Market Area

Exterior

Roof
Metal
Foundation
Slab
Private Pool
No
Exterior Type
Aluminum
Lot Description
Cleared
Carport Description
Attached & Detached
Garage Carport
RV Parking,Workshop
Controlled Access
Driveway Gate
Water Sewer
Public Water, Septic Tank
Exterior
Covered Patio/Deck, Outdoor Kitchen, Partially Fenced, Patio/Deck, Storage Shed, Workshop

Extra details you may need to know

Dwelling Type
Free Standing
HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease

Financial information

Financing Considered
Cash Sale, Conventional, FHA, USDA Loan, VA
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$5,491/2025
Tax Rate
1.6184

Rooms

Primary Bedroom
20 x 15, 1st
Bedroom
19 x 15, 2nd

Interior

Floors
Tile
Bedroom Description
1 Bedroom Up,Primary Bed - 1st Floor,Walk-In Closet
Kitchen Description
Breakfast Bar,Kitchen open to Family Room
Room Description
1 Living Area, Home Office/Study, Utility Room in House
Cooling
Heat Pump
Heating
Heat Pump
Connections
Electric Dryer Connections, Washer Connections
Dishwasher
Yes
Microwave
Yes
Oven
Electric Oven
Range
Electric Range
Energy Feature
Ceiling Fans
Interior
High Ceiling, Window Coverings

Lot Information

Lot Size
2.79 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Listing Broker

Information source

Houston Association of REALTORS®
Source last updated Apr 20, 2026 at 11:47 PM
Listing last updated Apr 20, 2026 at 03:27 PM
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Cost/Sqft based on tax value

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Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Assigned schools

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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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