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$511,000

147 Velvet Grass Ct, The Woodlands, TX, 77382

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,259 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.16 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size6,200 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9719-93-09300
Lot Number2
SubdivisionWdlnds Vil Alden Br 93
Land UseResidential
Legal DescriptionWDLNDS VIL ALDEN BR 93, BLOCK 2, LOT 2
Census Tract690608
Assessed Land Value$60,000
Assessed Improvement Value$374,522
Assessment Year2025

About this property

This Craftsman Style home is located in the highly sought after community of Summerlyn. Home is located on a small cul-de-sac street just minutes away from shopping and restaurants. Enjoy coffee and relaxing on the spacious front porch enjoying nature. This floor plans offers flexibility with a flex room upstairs that could be used as a media room/game room or study; it is currently being used as a bedroom. Home has new wood floors for the stairs, upstairs hallway and Primary Suite. The kitchen is a chef's dream with stainless appliances, timeless corian countertops and open concept to entertain your guests. The living room invites you with walls of windows for plenty of natural lighting. Host your friends and family or just put your feet up to enjoy the beauty of this home. If you have a love for the outdoors; The Woodlands is the perfect place to enjoy walking and biking trails along with the many parks for play and fishing. Catch a Texas Sunset at the Bear Branch Reservoir.

Investor Tools

Property Icon
$511,000
Estimated Property Value
$360,000Estimated Mortgage Balance
$170,221Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,066 /month
Positive
Cash Flow Estimate:
$1,022 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$763/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,596
$434,522
2025
$60,000
$374,522
$434,522
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,596
$434,522

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encore Bank Na
Conventional
$360,000
No
First
Jun 30, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,779
$175,221
33%
67%
$2,159/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: The Woodlands

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