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$290,000

20045 Root River Dr, New Caney, TX, 77357

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,411 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.43 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size6,073 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces1

Land Information

APN8127-00-08300
Lot Number83
SubdivisionPorters Mill 01
Land UseResidential
Legal DescriptionS812700 - PORTERS MILL 01, BLOCK 1, LOT 83
Census Tract692603
Assessed Land Value$55,000
Assessed Improvement Value$233,516
Assessment Year2025

About this property

Beautiful 5 bedroom home in Porters Mill. Home boasts wood look flooring throughout downstairs. A large kitchen over looking the dining and living room complete with stainless steel appliances. Vaulted ceiling in the living and dinning room. Downstairs owner's suite with its on ensuite with double sinks, shower and separate large garden tub and walk-in closet. Large game room located upstairs with 3 more bedrooms. Extra room downstair with closet; can be used as a bedroom or a home office. CHECK OUT THE 3D VIRTUAL TOUR!!

Investor Tools

Property Icon
$290,000
Estimated Property Value
$305,000Estimated Mortgage Balance
$2,771Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,845
$288,516
2025
$55,000
$233,516
$288,516
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,845
$288,516

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Next Door Lending Llc
Va
$305,000
Yes
First
Mar 22, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,229
$3,771
1%
99%
$1,829/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: New Caney

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20045 Root River Dr | Property Details | No Agent List