A rare 5 Acre Lot Opportunity at Waverly Acres Airpark located in New Waverly, Texas. The property is located on the eastern side of Ponderosa Dr. The lot is partially wooded and has a creek bed running through it. The current owner has already put in a crossing so that a home or hangar can be easily accessed on both sides. Build your home on the back side of the wooded lot for privacy - with the hangar out front for easy access to the taxi/runway. The Airpark is home to an active flying community. The North/South grass/turf runway is 4000 ft long and 200 ft wide. Runway accessed by a midfield taxiway on the East side. Ponderosa Dr is a dual purpose road and is used as a taxiway for aircraft. Deed Restrictions are available by request. #SearchTexasAirparks