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$444,000

1103 Mere Drive, Pinehurst, TX, 77362

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,318 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.64 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Electric Range, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size40,075 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6435-02-00100
Lot Number82-83
SubdivisionKipling Oaks 02
Land UseResidential
Legal DescriptionS643502 - KIPLING OAKS 02, LOT 82,83, ACRES 0.92
Census Tract690207
Assessed Land Value$110,207
Assessed Improvement Value$254,140
Assessment Year2025

About this property

Located one mile from Hwy 249 in coveted Kipling Oaks Subdivision. This brick home includes a spacious covered front porch, views of neighborhood pond and park, granite countertops, a large open living and breakfast area, and a large kitchen. The .92 acre lot hosts many mature trees with plenty of space between houses, a large storage shed and a fenced-in backyard. Kipling Oaks is like living in the country with easy access to the city and is home many deer and ducks. Best of all the home is zoned to Tomball ISD schools!

Investor Tools

Property Icon
$444,000
Estimated Property Value
$0Estimated Mortgage Balance
$208,925Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,664 /month
Positive
Cash Flow Estimate:
$888 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$728/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,518
$364,347
2025
$110,207
$254,140
$364,347
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,518
$364,347

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gibraltar Mortgage Services Llc
Va
$269,613
Yes
First
Nov 14, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,075
$208,925
47%
53%
$1,617/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Pinehurst

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1103 Mere Drive | Property Details | No Agent List