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$329,000

2422 Mills Creek Dr, Houston, TX, 77339

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,493 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.16 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringLaminate

Exterior

Lot Size7,510 sqft

Building Information

Year Built1995
Garage Spaces2

Land Information

APN1179560010003
Lot Number3
SubdivisionKingwood Place Village
Land UseResidential
Legal DescriptionLT 3 BLK 1 KINGWOOD PLACE VILLAGE SEC 3
Census Tract251100
Assessed Land Value$70,630
Assessed Improvement Value$247,087
Assessment Year2025

About this property

Beautiful two story home nested on a quiet cul-de-sac with no rear neighbors. located in the front of Kingwood. The spacious home features a desirable floor plan with open living space, kitchen with walk-in pantry, generous amounts of cabinets, an island for additional seating open to dining and family areas. Formal Dining area. Three bedrooms, flex room downstairs can be study or 4th bedroom. Large primary bedroom and an ensuite bathroom with a large walk-in closet, double-vanity and separate standing tub and shower. Two bedrooms and a full bathroom are upstairs. Close proximity to shopping and entertainment and easy access to HWY 59.

Investor Tools

Property Icon
$329,000
Estimated Property Value
$273,000Estimated Mortgage Balance
$0Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,164
$317,717
2025
$70,630
$247,087
$317,717
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,164
$317,717

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wildcat Lending Fund One Lp
Purchase Money Mortgage
$209,250
No
First
Nov 11, 2021
May 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$452,490
N/A
0%
138%
$2,892/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$2,892/mo
$-822/mo
7.6%

Learn About the Market: Opportunity in Houston

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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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2422 Mills Creek Dr | Property Details | No Agent List