Known as J&L Land & Cattle, this 35.14± acre ranch is a premier horse property in Walker County, featuring one of the few covered arenas in the area. The property offers a 2,681 SF main home with a pool, outdoor kitchen, pool house apartment, attached 4-car garage, and three guest houses ideal for extended family, guests, or additional income potential. The equine facility includes an approximately 22,000± SF covered arena, connected 10,000± SF 20-stall barn, and an approximately 10,000± SF equipment shop with an office and full bath. Additional improvements include an outdoor arena, round pen, seven full-pipe stud runs, multiple horse turnouts, and improved coastal pastures. Whether you're looking for a horse property, your next family home, or investment opportunity, this property offers endless possibilities. Conveniently located 20 minutes from Sam Houston State University and one hour north of Houston. A property that stands apart for its location, improvements, and versatility.
For sale
$3,250,000
838 State Highway 150, New Waverly, TX 77358
3beds
2,681sqft
Farm
Built in 1980
35.14 Acres Lot
$3,071,100 Zestimate®
$1,212/sqft
$-- HOA
What's special
Outdoor kitchenPool house apartmentOutdoor arenaRound penMultiple horse turnoutsCovered arenaImproved coastal pastures
- 20 days |
- 285 |
- 18 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kaki Herring TREC #0769105 713-824-1543,
Top Guns Realty on Lake Conroe
Source: HAR,MLS#: 65497004
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Guest Suite, Quarters/Guest House, Utility Room
Primary bathroom
- Features: Primary Bath: Jetted Tub, Primary Bath: Separate Shower, Secondary Bath(s): Tub/Shower Combo, Vanity Area
Kitchen
- Features: Kitchen Island
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
Features
- High Ceilings, All Bedrooms Down
- Flooring: Carpet, Tile, Vinyl, Wood
- Number of fireplaces: 2
- Fireplace features: Electric
Interior area
- Total structure area: 2,681
- Total interior livable area: 2,681 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway Gate, Attached, Additional Parking, Garage Door Opener
- Attached garage spaces: 4
Features
- Has private pool: Yes
- Pool features: In Ground, Pool/Spa Combo
Lot
- Size: 35.14 Acres
- Features: Cleared, 20 Up to 50 Acres
- Topography: Level,Rolling
Details
- Additional parcels included: 12514
- Parcel number: 12513
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Farm
Materials
- Foundation: Slab
Condition
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Well
Community & HOA
Location
- Region: New Waverly
Financial & listing details
- Price per square foot: $1,212/sqft
- Tax assessed value: $432,880
- Annual tax amount: $7,209
- Date on market: 6/28/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
$3,071,100
$2.92M - $3.22M
$2,924/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/28/2026 | Listed for sale | $3,250,000$1,212/sqft |
Source:  HAR #65497004 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,951 +6.8% | $432,880 +3.5% |
| 2023 | $5,571 -12.1% | $418,400 +10% |
| 2022 | $6,335 +4.1% | $380,364 +10% |
| 2021 | $6,088 +10.3% | $345,785 +10% |
| 2020 | $5,519 -0.8% | $314,350 +5.7% |
| 2019 | $5,566 | $297,520 +1.9% |
| 2017 | -- | $291,840 +0.8% |
| 2016 | -- | $289,400 +0.2% |
| 2015 | -- | $288,780 +24.5% |
| 2014 | -- | $232,030 -1.7% |
| 2013 | -- | $235,950 -0.5% |
| 2012 | -- | $237,020 +3.2% |
| 2011 | -- | $229,610 +5.3% |
| 2010 | -- | $217,980 |
| 2009 | -- | $217,980 |
| 2008 | -- | $217,980 +60.8% |
| 2007 | -- | $135,580 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 77358
Nearby schools
GreatSchools rating
- 9/10New Waverly Elementary SchoolGrades: PK-3Distance: 6 mi
- 8/10New Waverly Junior High SchoolGrades: 6-8Distance: 5.6 mi
- 7/10New Waverly High SchoolGrades: 9-12Distance: 5.8 mi
Schools provided by the listing agent
- Elementary: New Waverly Elementary School
- Middle: New Waverly Junior High School
- High: New Waverly High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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