$139,000
22 Majestic Falls Drive, Kingwood, TX, 77339
On Market
Highlights
Interior
Exterior
Lot Size34,290 sqft
Land Information
APN1180440040015
Lot Number15
SubdivisionDeer Ridge Est 1 Par R/P & Ext
Land UseResidential
Legal DescriptionLT 15 BLK 4 DEER RIDGE EST 1 PAR R/P & EXT
Census Tract251100
Assessed Land Value$107,505
Assessment Year2025
About this property
Nestled in a 24-hour manned gated community, this 0.78 acre lot in Deer Ridge Estates awaits your custom dream home. Situated in a serene cul-de-sac, enjoy tranquility and minimal traffic. Conveniently located near the second subdivision exit for easy commuting. Access Kingwood's amenities, from retail to parks, with ease. Just off Highway 59 for quick access to Houston. Buyer to conduct due diligence prior to submitting an offer.
Investor Tools
$74,548Estimated Mortgage Balance
$77,452Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$912 /month
Positive
Cash Flow Estimate:
$304 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$158/month
$6,450/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,130
$107,505
2025
$107,505
N/A
$107,505
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2024
$1,130
$107,505
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amoco Fcu
Conventional
$80,000
No
First
Nov 23, 2022
Dec 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,548
$77,452
50%
49%
$480/mo
