For sale

Price cut: $549K (9/9)

$4,950,000

28811 Riley Rd, Waller, TX 77484

5beds

17,627sqft

$45,577/mo

Get pre-qualified

Multi Family

Built in 2020

-- sqft lot

$-- Zestimate^®

$281/sqft

$-- HOA

What's special

Amazing poolOutdoor kitchenPrivate garage apartmentInviting outdoor patioAbundant workspaceOpen-concept designSpacious home

Extraordinary 10-Acre Multi-Family Estate - A rare opportunity to own an exceptional 10-acre private residential estate in Waller, TX. This remarkable property features multiple residences, resort-style amenities, and endless possibilities for multi-generational living or an exclusive private retreat. The estate includes a large shop and 4 distinct homes, each showcasing its own architectural style, unique character, and breathtaking views. Main Residence: A spectacular 4-story luxury home where every bedroom offers a private oversized balcony with stunning views of the grounds and lake, plus an amazing pool and outdoor kitchen. Home #2: A beautifully 2-story home featuring an open-concept design, an inviting outdoor patio, and a private garage apartment. Home #3: 3-story residence with balconies offering breathtaking panoramic views. Home #4: A spacious home featuring a resort-style pool and an amazing outdoor kitchen. A large standalone shop with abundant workspace, and an office.

2 days
116
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5
Full bathrooms: 5

Heating

Electric

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Disposal, Microwave, Dishwasher

Features

Flooring: Marble, Tile

Interior area

Total structure area: 17,627
Total interior livable area: 17,627 sqft

Video & virtual tour

Property

Features

Stories: 4
Exterior features: Private Entrance
Has view: Yes
View description: Lake, Water
Has water view: Yes
Water view: Lake,Water

Lot

Size: 10 Acres
Features: Subdivided

Details

Parcel number: 825100000038000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Batts Insulation, Spray Foam Insulation, Brick, Cement Siding, Stucco
Roof: Composition

Condition

New construction: No
Year built: 2020

Community & HOA

Community

Features: Pool
Subdivision: Timber Ridge

Location

Region: Waller

Financial & listing details

Price per square foot: $281/sqft
Tax assessed value: $2,804,990
Annual tax amount: $47,673
Date on market: 9/9/2026
Listing terms: Cash,Conventional,Investor

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/9/2026	Price change	$4,950,000-10%$281/sqft
Source: HAR #23874640 Report a problem
7/7/2026	Price change	$5,499,000-30.4%$312/sqft
Source: HAR #23874640 Report a problem
1/1/2026	Listed for sale	$7,900,000$448/sqft
Source: HAR #60981127 Report a problem
1/1/2026	Listing removed	$7,900,000$448/sqft
Source: HAR #3648249 Report a problem
12/25/2025	Listed for sale	$7,900,000$448/sqft
Source: HAR #3648249 Report a problem
9/30/2015	Sold	--
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$18,406 +33.3%	$2,804,990 +20.4%
2024	$13,812 +36.8%	$2,330,550 +40.6%
2023	$10,099 +45.8%	$1,657,550 +54.6%
2022	$6,926 -2%	$1,072,380 +6.8%
2021	$7,066 +155.4%	$1,004,510 +160.2%
2020	$2,767 +183.4%	$386,040 +201.4%
2019	$976 -38.1%	$128,080 +4005.1%
2018	$1,578	$3,120 -1.3%
2017	$1,578 +32.9%	$3,160 -1.3%
2016	$1,187	$3,200 -2.4%
2015	$1,187	$3,280 -1.2%
2014	$1,187	$3,320 -1.2%
2013	--	$3,360 -95.7%
2012	--	$78,660 -0.8%
2011	--	$79,280 -0.7%
2010	--	$79,850 -6.7%
2009	--	$85,600
2008	--	--
2006	--	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--
2001	--	--
1999	--	--