B+

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Owner Contacts

$257,381

2306 Summit Way Ct, Kingwood, TX, 77339

Off Market

2 Beds

3 Bath

1,771 Sq Ft

Condos / Townhouses

$146.81 / sqft

Built in 1997

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringLaminate, Tile

Exterior

Lot Size2,540 sqft

Building Information

Year Built1997

Garage Spaces2

Land Information

APN1181320010002

Lot Number2

SubdivisionKingwood Place

Land UseResidential

Legal DescriptionLT 2 BLK 1 KINGWOOD PLACE SEC 29

Census Tract251100

Assessed Land Value$43,448

Assessed Improvement Value$213,933

Assessment Year2025

About this property

Over $50K in Upgrades! Beautifully Renovated & Move-In Ready! Welcome to this charming, spacious townhome featuring 2BE/2.5BA, dining room & versatile game room. NO FLOODING ever in this home! Nestled in a quiet, tree-lined community with access to a pool & playground, this low-maintenance townhome has it all. You'll love the high ceilings, neutral paint, 2" blinds and tile & laminate flooring. The stunning, fully remodeled kitchen boasts Quartz counters, a subway tile backsplash, new stainless-steel appliances, a deep sink & a contemporary faucet. Generously sized bedrooms and updated baths provide comfort and style & a large back patio offers the perfect space to relax. Plus, with a 2-car garage & double-wide driveway, there's plenty of room for parking. Conveniently located near Kingwood Dr, 59N, 99 & Beltway 8, this home is just 35 minutes from downtown & 10 minutes to IAH. Surrounded by golf courses, shopping, dining, entertainment & medical facilities—this home truly has it all.

Investor Tools

$257,381

Estimated Property Value

$200,000Estimated Mortgage Balance

$62,412Estimated Equity

22% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,560 /month

Positive

Cash Flow Estimate:

$520 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$383/month

$600/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,312

$257,381

2025

$43,448

$213,933

$257,381

Tax History

Year

Tax Paid

Assessed Value

2024

$3,312

$257,381

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$200,000

First

Dec 20, 2024

Jan 2040

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$194,969

$62,412

24%

76%

$1,200/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,070/mo

$1,800/mo

+$270/mo

9.7%

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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