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Waller 77363
28600 Mustang Drive
$150,000 Last Listed Price
● Land - Off Market

28600 Mustang Drive

Waller, TX 77484
bedrooms
Studio
bathrooms
0 Bath
$149,064
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Build your custom home in this 1.5 acre in the gated subdivision of Saddle Creek Forest.  Gated community includes swimming pool, tennis courts, walking trails and lakes.  1.5 acre adjacent to property can be purchased as well.
Unit Size
-
Days on Market
-
Land Size
1.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$158
HOA Dues
$33
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 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: 4 months ago (HAR #25133894)

Price History

Date / Event Date Event Price
Sep 18, 2023 Sold
Premium
Sold
May 23, 2023 Listed by Frontline Residential Services $150,000
Listed by Frontline Residential Services
Build your custom home in this 1.5 acre in the gated subdivision of Saddle Creek Forest. Gated community includes swimming pool, tennis courts, walking trails and lakes. 1.5 acre adjacent to property can be purchased as well.

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: SADDLE CREEK FOREST 1
  • Land Acres: 0000001500
  • Standard Land Use Code: 8001
  • County Land Use Code: C1
  • State Land Use Code: C1
  • Legal Description 1: S758381 SADDLE CREEK FOREST 1 BLK 3 LOT 5 ACRES 1.5

Neighborhood

  • School District Name: Navasota Independent School District
  • Census Tract: 556000

Geography

  • Subdivision Tract Number: 5
  • Parcel: 222101
  • Block: 3
  • Lot: 5
  • Municipality: WALLER
  • Latitude: 30.2408
  • Longitude: -95.8751

    Address

  • Full Address: 28600 Mustang Dr
  • Address - House Number: 28600
  • Address - Street Name: Mustang
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Waller
  • Zip Code: 77484

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $240,376
  • Tax Rate Code Area: SWR

    Market Valuation

  • Market Total Value: $139,880
  • Market Land Value: $139,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $139,880
  • Assessed Land Value: $139,880

    Sales

  • Current Sale Contract Date: Sep 18, 2023
  • Current Sale Recording Date: Sep 19, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11070
  • Previous Sale Recording Date: Aug 05, 2020
  • Previous Sale Contract Date: Aug 05, 2020
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Waller

Stats & Trends

Median Asking:

$354,990

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2468 ft²

Average Home Age

6.7 years

Currently For Sale

1048 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9239 Walnut Road, Plantersville, TX, 77363

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,632 ft²
9239 Walnut Road, Plantersville, TX, 77363 Listing by Buck Perino
Unit for rent at 17411 Rolling Hill Lane, Waller, TX, 77484

$1,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,001 ft²
17411 Rolling Hill Lane, Waller, TX, 77484 Listing by Mohammed Jaber

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Mercedes Chapa, Frontline Residential Services
Last Updated: 4 months ago
Data Source: HAR , MLS# 25133894
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 28600 Mustang Drive built and last sold?
The property at 28600 Mustang Drive was built in and last sold on Sep 18, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 28600 Mustang Drive is $151,500.
What are some comparable homes to 28600 Mustang Drive?
There are currently no comparable homes to 28600 Mustang Drive.
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