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$649,000

NAL Estimated Property Value

15 Waterfall Way, The Woodlands, TX, 77375

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,162 Sq Ft
price_per_sqft$219.8 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Cooktop, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,599 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1336220010060
Lot Number60
SubdivisionThe Woodlands Creekside Park West
Land UseResidential
Legal DescriptionLT 60 BLK 1 THE WOODLANDS CREEKSIDE PARK WEST SEC 9
Census Tract555303
Assessment Year2025

About this property

Charming 5 bed, 3.5 bath home with primary suite plus three bedrooms on first floor. Game room and 5th bedroom on second floor. Welcoming two-story foyer, spacious kitchen with ample storage, open to family room with view of backyard. Formal dining room, covered patio perfect for relaxing with views of lake. One bedroom can double as private office. Utility room on ground floors. Hardwood floors in primary suite, family room, and dining room. Tiled floors in 3 bedrooms, entry, and kitchen. Custom finishes, granite countertops added 5th bedroom 2nd floor. One owner since built. Great location near HEB, restaurants, and shops.

Investor Tools

Property Icon
$649,000
Estimated Property Value
$489,978Estimated Mortgage Balance
$159,022Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,542
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,542
N/A

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Weichert Financial Services
Conventional
$497,250
No
First
Jul 21, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$489,978
$162,022
24%
75%
$2,982/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$2,982/mo
$-512/mo
4.6%

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: The Woodlands

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