Rare 5 acre lot located in the active flying community of Waverly Acres Airpark in New Waverly, Texas! Partially wooded lot with creek bed running through it. A crossing has been put in so that a home or hangar can be easily accessed from both sides. Build your dream home at the back side of the property for extra privacy with the hangar in the front for easy access to the runway. Ponderosa Dr is a dual purpose road and is used as a taxiway. The runway is 4000 ft long and 200 ft wide with access to a midfield taxiway on the east side. Enjoy easy access to I-45 and a short drive to Conroe and The Woodlands. Don't miss this rare opportunity, call today for more info!