Homes for Sale/Walker County/New Waverly/ESTATES OF TEXAS GRAND RANCH
Active MLS #7141763 · 147 days on market

118 Summit Drive

New Waverly, TX 77340
Subdivision  ·  ESTATES OF TEXAS GRAND RANCH
List Price
$144,900
Baths
0
Lot
1.00 ac
County
Walker
Tax Rate
0.09%

Schools

§ 03
District
Elementary NEW WAVERLY EL B
Middle NEW WAVERLY J H B
High NEW WAVERLY H S CCMR 83% · Grad 97% B
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

1 ACRE > PREMIUM SQUARE HOMESITE > BACKS TO RESERVE > PRIVATE, PEACEFUL SETTING A rare opportunity to own one of the most desirable lot layouts in The Estates—this nearly perfect square 1-acre property offers unmatched versatility for a luxury custom home. The rear of the property opens to a reserve, creating a quiet, uninterrupted natural backdrop that enhances both privacy and long-term appeal. Close to the entrance, community clubhouse and stocked lake. With plenty of space for a pool, guest casita, gardens, or workshop, this homesite is designed for those who want to build without compromise. Enjoy underground electric, central water, and fiber internet in a scenic, wooded community just minutes from I-45 and the amenities of The Woodlands and Lake Conroe.

Features

§ 02

Interior

Not provided

Exterior & lot

  • Greenbelt
  • Interior Lot
  • Subdivision
  • Wooded
  • Pond On Lot

Community

  • Clubhouse
  • Horse Trails
  • Lake Or Pond
  • Meeting Banquet Party Room
  • Party Room
  • Picnic Area
  • Park
  • Trails

Property Details

§ 03 · Full MLS record

Property

Property Type Land

Rooms & Baths

Bathrooms (total) 0

Lot

Lot Size (acres) 1.0000
Lot Size Source Appraiser
Lot Features Greenbelt, Interior Lot, Subdivision, Wooded, Pond On Lot

Location

County Walker
MLS Area Major 43
MLS Area Minor New Waverly Area
Subdivision ESTATES OF TEXAS GRAND RANCH
Postal Code 77340

Utilities

Water Source Public

HOA / Association

HOA Yes
HOA Fee $595
HOA Fee Frequency Annually
HOA Name Estates POA
Fee Includes Clubhouse
Amenities Clubhouse, Horse Trails, Lake Or Pond, Meeting Banquet Party Room, Party Room, Picnic Area, Park, Trails

Taxes, Terms & Disclosures

Tax Annual Amount $129
Tax Year 2025
Tax Rate (est.) 0.09%
Parcel # 75340
Legal Description ESTATES OF TEXAS GRAND RANCH SEC 1, BLOCK 1, LOT 28, ACRES 1
Listing Terms Cash, Conventional, Texas Vet, Usda Loan, Va Loan
Disclosures None

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice
Not in archive
This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate Resolved MUD jurisdiction not mapped Match confidence

Taxes & Cost of Ownership

§ 04
Tax breakdown not availableWe could not resolve the taxing jurisdictions for this listing. We will enrich this when the county tax roll loads.

HOA & Community

§ 05
● HOA details
$595
ANNUALLY
Association nameEstates POA Management co. Website Phone Cert on filepending
Fee includes
Clubhouse
● Community amenities
No curated amenity map yet for this subdivision.

Broadband & Connectivity

§ 06
Broadband not mappedWe have not yet resolved FCC provider data for this block.

Environmental Risk

§ 08
X
FEMA Zone
Zone X · Minimal risk
Outside 100-year and 500-year floodplains. No flood insurance required by lender.
PANEL 48471C SFHA NO SOURCE 48471C_STUDY1
🌡 Heat days >95°F
57 days/yr above 95°F
Plus 12 days above 100°F. NOAA station records, 2016-2025 average.
🌵 Drought (current)
D1 · Moderate
US Drought Monitor county reading, week of 2026-09-15.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09
No comps within 0.5 mi in the last 90 daysExpand the search radius via the "Full report" CTA.

Subdivision & Master Plan

§ 10
● Master plan
Estates of Texas Grand Ranch
TIER: SUBDIVISION
Subdivision name (MLS)Estates of Texas Grand Ranch City · ZIPNew Waverly · 77358 CountyWalker Listings in subdivision15 Active now15 Sold (last 12 mo)5 Curated amenities0
● Year-built distribution
No build-year dataWill populate from the parcel roll.

Fire Protection

§ 11
Nearest station
Huntsville Fire Department Station 1
· Huntsville
Distance
5.1 mi
Straight-line from listing
ISO rating
Future data point
Avg. response
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48471790302 · ACS 2023
Median HH income
$78,784
ACS 2023
Median home value
$264,400
Census self-report
Owner-occupied
83%
3,993 housing units
Bachelor's+
43%
Adults 25+
Median age
52.2
Population 7,241
Work from home
9%
of commuters
Commute 45min+
13%
of commuters
Below poverty
3.3%
tract-level

Amenities & Nearby Places

§ 13

Active listing — amenities should populate from the go-live pipeline. Click to fetch now if missing.

Location & Neighborhood

§ 13
● This Home
118 Summit Drive, New Waverly, TX 77340
Walker County · 30.62°N, 95.51°W
No curated amenities within 2 mi yet.
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
Apr 30, 2026 Listed $144,900 Jennifer Ryan
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Jennifer Ryan · Grand Ranch Properties
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated Jul 19, 2026.
MLS# 7141763 · LIST DATE: Apr 30, 2026 · PARCEL: 75340
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Sep 24, 2026, 1:27 AM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity