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$1,249,990

19231 Clear Sky Drive, Houston, TX, 77346

On MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,942 Sq Ft
price_per_sqft$424.88 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Double Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesSprinkler System
Lot Size37,806 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN1229220010004
Lot Number4
SubdivisionKings River Village
Land UseResidential
Legal DescriptionLT 4 & RES A4-A BLK 1 KINGS RIVER VILLAGE SEC 13 AMEND
Census Tract250802
Assessed Land Value$290,734
Assessed Improvement Value$438,292
Assessment Year2025

About this property

Welcome Home, nestled on nearly an acre along the shores of Lake Houston, this fully renovated one-story retreat offers a lifestyle that is rare. Designed for those who value prime waterfront real estate, privacy, and low-maintenance luxury, over excess square footage and maintenance. For buyers looking to simplify without compromise, enjoy thoughtfully designed living spaces, and high-end finishes. This custom home features a heated pool, private dock, soaring 11-ft ceilings, wood floors, expansive outdoor entertaining areas, and breathtaking lake views. Extensively renovated in 2018 with major system upgrades and complemented by a new roof in 2024, the home blends luxury, comfort, and peace of mind. Located in a secluded section of Kings River Village residents enjoy minimal traffic, exceptional privacy, low HOA fees, and zoning to sought-after Kingwood High School. This is a more than a home, this is a private waterfront sanctuary and a truly rare piece of Lake Houston real estate.

Investor Tools

$353,280Estimated Mortgage Balance
$834,720Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,500 /month
Positive
Cash Flow Estimate:
$2,500 /month

Interested in this property?

Jennifer Palacios

Alliance Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$939/month
$690/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,334
$729,026
2025
$290,734
$438,292
$729,026
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,334
$729,026

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$447,200
No
First
Jul 15, 2016
Aug 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,280
$834,720
70%
30%
$2,682/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,290/mo
$3,372/mo
$-1,082/mo
2.3%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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19231 Clear Sky Drive | Property Details | No Agent List