$1,800,295
●
Land -
For Sale
0 Repka Road
Waller, TX 77484
Studio
0 Bath
$8,842
Est. Monthly
About This Property
Positioned in Waller County's growth corridor, this ±51.437-acre
unrestricted tract offers strong potential for development,
investment, or long-term hold. With frontage along Repka Rd and
Schmidt Rd, the property provides excellent access, visibility, and
flexibility for multiple uses.
The land is predominantly cleared pasture with scattered trees, creating a highly usable layout for large-scale planning. Its shape and multiple access points support phased development for residential, commercial, or mixed-use. Located minutes from US 290 with access to SH 6, FM 1488, and FM 362, the property sits between Houston and Austin, approximately 45–50 miles from Downtown Houston. Nearby growth drivers-including Buc-ee's, Daikin, Prairie View A&M University, and expanding communities-highlight the area's momentum.
Ideal for a master-planned community, business park, ranch, or long-term investment. Zoned to Waller ISD. Additional acreage to the east is available.
The land is predominantly cleared pasture with scattered trees, creating a highly usable layout for large-scale planning. Its shape and multiple access points support phased development for residential, commercial, or mixed-use. Located minutes from US 290 with access to SH 6, FM 1488, and FM 362, the property sits between Houston and Austin, approximately 45–50 miles from Downtown Houston. Nearby growth drivers-including Buc-ee's, Daikin, Prairie View A&M University, and expanding communities-highlight the area's momentum.
Ideal for a master-planned community, business park, ranch, or long-term investment. Zoned to Waller ISD. Additional acreage to the east is available.
Unit Size
-
Days on Market
-
Land Size
51.44 acres
Price per sqft
-
Property Type
Land
Property Taxes
$2
HOA Dues
-
Year Built
-
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 days ago (HAR #38205643)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Relisted | $465,000 | |
| Relisted | |||
| Oct 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 23, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 23, 2026 | Listed by McCormack Commercial LLC | $465,000 | |
| Listed by McCormack Commercial LLC | |||
 | |||
|
Enjoy room to grow on this cleared 10-acre tract in Waller County, offering wide-open space for a custom home, barn, or country retreat. Situated outside the floodplain, the property combines a peaceful rural setting with convenient access to everyday essentials. Hwy 290 is approximately 12 minutes away, while local middle and high schools and Brookshire Brothers are within approximately 14 minutes. Access to both I-10 and Hwy 290 makes travel throughout the surrounding area convenient. Currently Ag-exempt, the tract benefits from low property taxes, making it attractive for immediate plans or a long-term hold. New and upcoming developments nearby add to the appeal of this growing location, with potential for residential or commercial use, subject to applicable requirements. Whether you’re looking to establish your homestead, explore business opportunities, or invest in acreage, this versatile property offers space, accessibility, and possibility.
| |||
| Aug 18, 2026 | Listed by McCormack Commercial LLC | $465,000 | |
| Listed by McCormack Commercial LLC | |||
 | |||
|
Offered at $465,000, this impressive 10.73-acre tract in Waller County provides an excellent opportunity to create your ideal country property with plenty of space and privacy. The land is cleared, level, and located outside the floodplain, offering a highly usable setting for a custom home, barn, workshop, or other improvements. Enjoy the peaceful atmosphere of rural living while remaining conveniently located approximately 12 minutes from Hwy 290, 14 minutes from local middle and high schools, and 14 minutes from Brookshire Brothers. With nearly 11 acres of versatile land, convenient access, and a location in a growing area of Waller County, this property offers an attractive combination of lifestyle, usability, and long-term investment potential.
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Property Highlights
Exterior Details
Lot Features: Level, Open Lot, Cleared, 50 or more Acres
Lot Size Area: 51.437
Lot Size Units: Acres
Lot Size Acres: 51.437
Lot Size Square Feet: 2240595.72
Financial Details
Tax Annual Amount: $20
Comparables
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Type
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ft²
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About Waller
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Listed by: Wendy Cline, Wendy Cline Properties Group
Last Updated: 2 days ago
Data Source: HAR , MLS# 38205643
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Last Updated: 2 days ago
Data Source: HAR , MLS# 38205643
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