14Days on Market

1view

$294,772

18307 Walnut Canopy Way, Tomball, TX, 77377

$304,230 ARV

On Market

Just Added

3 Beds

2 Bath

1,675 Sq Ft

Single Family Residence

$175.98 / sqft

Built in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Free-Standing Range, Gas Range, Dishwasher, Refrigerator

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,251 sqft

Building Information

Year Built2024

Garage Spaces2

Land Information

APN1467690010005

Lot Number5

Land UseResidential Single Family

Legal DescriptionLT 5 BLK 1 OAKWOOD SEC 1

Census Tract555600

Assessed Land Value$59,086

Assessed Improvement Value$147,545

Assessment Year2025

About this property

KB HOME FORMER MODEL HOME - Welcome to 18307 Walnut Canopy Way in the desirable Oakwood Preserve community, zoned to Tomball ISD! This charming one-story home features 3 bedrooms, 2 full baths, and an attached 2-car garage. The open-concept design showcases durable vinyl plank flooring and a bright, airy layout filled with natural light. The den provides the perfect space for a home office, hobby room, or quiet retreat. The chef-inspired kitchen features granite countertops, island with extended breakfast bar, and Whirlpool stainless steel appliances. The primary suite includes dual sinks, tub/shower combo, and spacious walk-in closet. The secondary bathroom offers added functionality with knee space at vanity. Outdoor features include full gutters and automatic sprinkler system in front and back. This former model home showcases thoughtful upgrades and designer touches throughout, and requires a 60-day closing. Don’t miss this opportunity—schedule your showing today!

Investor Tools

$297,000

Estimated Property Value

$0Estimated Mortgage Balance

$297,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$304,230

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,782 /month

Positive

Cash Flow Estimate:

$594 /month

Interested in this property?

Nicole Freer

KB Home Houston

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$153/month

$995/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$356

$206,631

2025

$59,086

$147,545

$206,631

Tax History

Year

Tax Paid

Assessed Value

2024

$356

$206,631

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$299,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,210/mo

$995/mo

+$1,215/mo

8.9%

Learn About the Market: Opportunity in Texas

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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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