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$453,000

NAL Estimated Property Value

131 Velvet Grass Ct, Spring, TX, 77382

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,003 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.29 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,822 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9719-93-09700
Lot Number6
SubdivisionWdlnds Vil Alden Br 93
Land UseResidential
Legal DescriptionWDLNDS VIL ALDEN BR 93, BLOCK 2, LOT 6
Census Tract690608
Assessed Land Value$60,000
Assessed Improvement Value$351,278
Assessment Year2025

About this property

Charming home in desirable Alden Bridge a community in The Woodlands. Located on a quiet cul-de-sac with the mature landscaping The Woodlands is known for and a covered front porch to enjoy the view. Formal dining with wood floors and beautiful updated farmhouse chandelier. Open floor plan, den overlooks the kitchen and breakfast all with wood floors. Island kitchen with seating and chef preferred gas cooking. Tons of windows with views of the backyard in the bright breakfast. Den is anchored by built-ins and a cozy fireplace. All bedrooms up allows you to be close to your family. Smart plan also has the laundry and game room up. Primary bedroom is split from the other rooms with walk-in closet, separate tub and shower with dual vanities. Don't miss the the large yard with tons of space for pets or play. There is park nearby with dog park, sports fields & skateboarding. Close to schools and shopping, no flooding per seller - come see this one quickly!

Investor Tools

Property Icon
$453,000
Estimated Property Value
$238,279Estimated Mortgage Balance
$214,721Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,718 /month
Positive
Cash Flow Estimate:
$906 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$619/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,160
$397,485
2025
$60,000
$351,278
$411,278
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,160
$397,485

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$266,581
Yes
First
Nov 12, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,279
$206,721
46%
53%
$1,599/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.

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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: Spring

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131 Velvet Grass Ct | Property Details | No Agent List