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Waller 77484
32234 Sky Way Lane
$165,000 Last Listed Price
● House - Off Market

32234 Sky Way Lane

Waller, TX 77484
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,112 Ft²
$235,952
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Unique opportunity in Sky Lakes airplane community to live with direct runway access.  Property is being sold as is and will require updates.  Sale includes two lots which will total just shy of an acre, giving plenty of room to add a hangar.  Seller will make no repairs.
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$78
Property Type
House
Property Taxes
$303
HOA Dues
$3
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (HAR #95278172)

Price History

Date / Event Date Event Price
Mar 27, 2020 Sold
Premium
Sold
Dec 19, 2019 Listed by Sky Real Estate Professionals $165,000
Listed by Sky Real Estate Professionals

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 320
  • Parking Space Count: 3
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,800
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,112
  • Gross Building Area: 2,112
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SKY LAKES 1
  • Land Acres: 0000000937
  • Standard Land Use Code: 1001
  • County Land Use Code: A
  • State Land Use Code: A
  • Legal Description 1: S778100 SKY LAKES 1 BLK 4 LOT 21 & 22

Neighborhood

  • School District Name: Waller Independent School District
  • Census Tract: 680302

Geography

  • Subdivision Tract Number: 21 & 22
  • Parcel: 27723
  • Block: 4
  • Lot: 21&22
  • Municipality: WALLER
  • Latitude: 29.9916
  • Longitude: -95.9341

    Address

  • Full Address: 32234 Sky Way Ln
  • Address - House Number: 32234
  • Address - Street Name: Sky Way
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Waller
  • Carrier Code: R003
  • 4-Digit Zip Code: 9003
  • Zip Code: 77484

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487,806
  • Tax Rate Code Area: SWR

    Appraisal Valuation

  • Standard Deviation: 0.234
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 67
  • Final Value: 389,511
  • High Value: 480,686
  • Low Value: 298,336

    Market Valuation

  • Market Total Value: $375,470
  • Market Land Value: $112,390
  • Market Improvement Value: $263,080

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,865

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 27, 2020
  • Current Sale Recording Date: Mar 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2002901
  • Previous Sale Recording Date: Oct 25, 2019
  • Previous Sale Contract Date: Oct 18, 2019
  • Previous Sale Amount: $150,100
  • Previous Sale Document Type: 70
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:

$359,990

Sale Price/ft²

$171

Below Asking

0.01%

Average Days on Market

74

Average Home Size

2446 ft²

Average Home Age

6.2 years

Currently For Sale

956 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

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HAR

Listed by: Melissa Boyer, Sky Real Estate Professionals
Last Updated: 3 years ago
Data Source: HAR , MLS# 95278172
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 32234 Sky Way Lane built and last sold?
The property at 32234 Sky Way Lane was built in 1983 and last sold on Mar 27, 2020 for $196,700.
How much is this home worth?
The estimated value of the home located at 32234 Sky Way Lane is $175,843.
What are some comparable homes to 32234 Sky Way Lane?
There are currently no comparable homes to 32234 Sky Way Lane.
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