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Days80Days on Market
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$329,950

1406 Lofty Mills Drive, Houston, TX, 77339

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,240 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.3 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size9,283 sqft

Building Information

Year Built1993
Garage Spaces2

Land Information

APN1177780020015
Lot Number15
SubdivisionKingwood Place Village
Land UseResidential
Legal DescriptionLT 15 BLK 2 KINGWOOD PLACE VILLAGE SEC 1
Census Tract251100
Assessed Land Value$74,083
Assessed Improvement Value$210,288
Assessment Year2025

About this property

Buyer had a change of heart. Welcome to this beautifully maintained single-story home in the heart of Kingwood, offering approximately 2,240 square feet of well-designed living space with 4 bedrooms and 2 bathrooms. This home features a functional layout with multiple living areas, a dedicated office or study, formal dining, and spacious bedrooms with ample storage throughout. The interior is clean and move-in ready with neutral tones, while major systems including the roof, HVAC, and water heater have been updated in recent years, providing added peace of mind. Situated in a non-flood zone, the property is surrounded by mature trees and located near top-rated Humble ISD schools, Kingwood Town Center shopping and dining, scenic greenbelt trails, parks, and easy access to Hwy 59 for commuting into Houston.

Investor Tools

Property Icon
$332,000
Estimated Property Value
$0Estimated Mortgage Balance
$332,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month

Interested in this property?

James Valles

R.E.D. Right Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
$718/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$82
$284,371
2025
$74,083
$210,288
$284,371
No

Tax History

Year
Tax Paid
Assessed Value
2024
$82
$284,371

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$332,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
$718/mo
+$1,952/mo
9.7%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1406 Lofty Mills Drive | Property Details | No Agent List