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118 Summit Drive

New Waverly, TX 77340
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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.

Detail Ic Property Details

Property Type : Land

Price : $144,900

AD Id : 77937366

MLS Id : 7141763

Lot Size : 1 Acre(Lot)

County : Walker

Subdivision: Metes And Bounds

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Feature Features

  • Lot Information

    Main Square Feet: 1 Acres Lot Size Acres: 1 Lot Size Square Feet: 43560 Lot Description: Greenbelt, Interior Lot, Wooded

    Property Information

    Subdivision: Estates Of Texas Grand Ranch Source Property Type: Land

  • Listing Price Information

    Listing Price: $144900 Cash, Conventional, USDA Loan, VA Loan

  • Tax Information

    Parcel Number: 75340 Tax Lot: 28 Tax Year: 2025 Annual Tax: $129 Tax Legal Desc: ESTATES OF TEXAS GRAND RANCH SEC 1, BLOCK 1, LOT 28, ACRES 1

  • Homeowners Association Information
    Has Association: Yes HOA: $595.00 Association Amenities: Clubhouse, Jogging Path, Park, Party Room, Picnic Area, Trail(s) Community Features: Clubhouse

  • School Information

    Elementary School: New Waverly Elementary School
    Junior High School: New Waverly Junior High School
    Senior High School: New Waverly High School
  • Utility Information

    Natural Gas Not Available, Cable Available, Electricity Available, Phone Available
  • Location Information

    Direction: Take N Fwy Service Rd At the traffic circle, take the 3rd exit onto FM 1375 At the traffic circle, take the 1st exit Continue onto N Fwy Service Rd Turn left onto Lonestar Rd Turn right onto Hollow Hl Dr Turn left onto Summit Dr WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
0000 Lonestar Road Texas, New Waverly, TX, 77340 $94,999 -- -- -- Acres (Lot)--
105 Bunkhouse Road, New Waverly, TX, 77340 $143,900 -- -- -- 1.09 Acres(Lot)
149 Hollow Hill Drive, New Waverly, TX, 77340 $149,900 -- -- -- 1 Acre(Lot)
121 Rustic Ranch Drive, New Waverly, TX, 77340 $159,900 -- -- -- 1.25 Acres(Lot)

Copyright 2026, Houston REALTORS® Information Service, Inc. The 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. Information is deemed reliable but not guaranteed.

ByOwner last updated this listing 06/04/2026 @ 16:43

MLS: 7141763 LISTED BY: Jennifer Ryan, Grand Ranch Properties 281-241-6898 SOURCE: Houston Association of REALTORS

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