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Investment Highlights

  • Prime location just 25 minutes north of The Woodlands with easy access to Interstate 45
  • Restored historic dogtrot home currently used as a wine-tasting room with added heritage value and character
  • Growing area with strong accessibility and demand for destination venues
  • Turnkey event venue, winery, or retreat opportunity with multiple income streams
  • Vineyard, pond and a balanced mix of open pasture and wooded acreage

Executive Summary

±45 acres in New Waverly spanning both Montgomery County and Walker County, offering a rare, turnkey opportunity for hospitality, event, or agritourism use just 25 minutes north of The Woodlands with convenient access to Interstate 45.
The property features approximately 50 feet of rolling elevation, scenic long-range views, a pond, and a vineyard—creating a highly desirable setting for weddings, private events, retreats, or winery operations. The land presents a balanced mix of open pasture and wooded areas with partial clearing, allowing flexibility for future expansion or additional improvements.
A standout feature is the beautifully restored historic dogtrot home, rich in character and regional heritage, formerly utilized as a wine-tasting room. This structure offers not only aesthetic and experiential value but also future upside, with the potential to expand by adding an attic loft and restroom—enhancing functionality for events, guest use, or retail/tasting operations while preserving its historic charm.
Existing improvements are thoughtfully designed to support both private use and commercial operations. These include a charming bridal house with attached apartment, separate groom’s quarters, and a poolside main residence featuring a kitchen, sunroom, and living area overlooking a hilltop pool and fountain.
Additional infrastructure includes a winemaking cooler, an event tent, barn, and multiple guest accommodations with private bedrooms and bathrooms. With four kitchens across the property and clear separation between venue and residential spaces, the layout supports simultaneous events, guest lodging, and owner occupancy.
Ideal for an event venue, winery, short-term rental concept, or private retreat, this property offers multiple income streams and expansion potential in a rapidly growing region.

Property Facts

Price $3,900,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Hospitality
  • Hold For Development
  • Religious Facility
  • Single Family Development
  • Specialty, Festival or Entertainment
  • Winery or Vineyard
  • Agribusiness
  • Pasture Ranch
  • Single Family Residence
Total Lot Size 45.93 AC

1 Lot Available

Lot

Price $3,900,000
Price Per AC $84,911.82
Lot Size 45.93 AC

A0034 - SADDLER JOHN, TRACT 15-A, ACRES 2.524 A0034 SADDLER JOHN, TRACT 15-B, ACRES 0.675 SADLER J (A-45), TRACT 62, ACRES 42.371

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 39970991

  • Date on Market: 3/31/2026

  • Last Updated:

  • Address: 231 Hostetter Rd, New Waverly, TX 77358

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