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    9192 Sh 75 Hwy S, Unit S New Waverly, TX 77358

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    For Sale
    $4,400,000

    Prime land for development with highway frontage and city utilities.

    Lot size:
    79.45 Acres

    Property Features for 9192 Sh 75 Hwy S

    General Information

    Lot size
    79.45 Acres

    Building Details

    Year built
    1990

    Source: Coldwell Banker Realty - Lake Conroe/Willis Agent Monica Tompkins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway Frontage Development Opportunity

    This property presents a development opportunity with over 1800 feet of State Highway 75 road frontage, situated just north of New Waverly. The location is near the New Waverly Junior High, with the corner of Highway 75 and Tafelski Rd located within the city limits of New Waverly, where public water is available. The property has the potential for development, featuring subdivision entrances on three sides. The elementary school is undergoing new additions to accommodate area growth. Located less than 15 minutes north of SHSU and approximately 15 minutes east of Lake Conroe, the site offers commutes to Houston, The Woodlands, and Conroe. Mineral rights are available with an acceptable offer. The corner location provides access to city utilities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    New Waverly
    County
    Walker
    State
    Texas
    Longitude
    -95.4063
    Latitude
    30.5414

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    FAQs

    What type of property is this?
    Commercial land - Prime land for development with highway frontage and city utilities.
    Where is this commercial land located?
    The property is located at 9192 Sh 75 Hwy S, Unit S New Waverly, TX.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: - 1800+ ft of State Hwy 75 frontage; - Development potential with 3 sides suitable for subdivision entrances; - Located in the city of New Waverly with public water available
    (936) 203-9152
    Request Owner's contact information
    9192 Sh 75 Hwy S, Unit S New Waverly, TX 77358
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    New Waverly, TX 77358
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9192 Sh 75 Hwy S, Unit S New Waverly, TX 77358
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