B+

NoAgentList RatingHow are grades calculated?

13Days on Market

1view

$234,000

$235,000

1998 Lake Creek Dr, Houston, TX, 77339

On Market

Just Added

Price Drop

3 Beds

2 Bath

1,726 Sq Ft

Single Family Residence

$135.57 / sqft

Built in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size14,817 sqft

Building Information

Year Built1975

Stories1

Roof Type105

Garage Spaces2

Land Information

APN9725-03-01700

Lot Number20

SubdivisionWoodlands Hills Vil 03

Land UseResidential

Legal DescriptionS972503 - WOODLANDS HILLS VIL 03, BLOCK 37, LOT 20

Census Tract692402

Assessed Land Value$6,423

Assessed Improvement Value$258,181

Assessment Year2025

About this property

Great one story in Kingwood. New HVAC system. Connections for a natural gas/multi-fuel generator has been established. This yard is 1/3 acre! Huge. Never flooded. French doors leads to the enormous yard. Large den with gas log fireplace and cathedral ceiling. Fridge stays with the home. Lots of storage. Three bedrooms, 2 full baths. A/C in garage with insulated doors, utility sink and extra shelving. This home includes a family room and a formal dining room combo. Zoned to highly rated New Caney schools. Super easy in and out of Kingwood- up front Northpark Dr. All amenities are an instant away- Churches, schools, hospitals, shopping, and dining.

Investor Tools

$168,619Estimated Mortgage Balance

$81,680Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,502 /month

Positive

Cash Flow Estimate:

$501 /month

Interested in this property?

Paula Porterfield

RE/MAX Universal

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$295/month

$600/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,293

$250,299

2025

$6,423

$258,181

$264,604

Tax History

Year

Tax Paid

Assessed Value

2023

$2,293

$250,299

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nations Reliable Lending Llc

Conventional

$185,000

First

Nov 24, 2021

Dec 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$168,619

$81,680

32%

67%

$1,110/mo

Learn About the Market: Opportunity in Houston

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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.

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