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$485,000

259 E Rainbow Ridge Cir, The Woodlands, TX, 77381

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,408 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.41 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size8,220 sqft

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9722-00-04300
Lot Number23
SubdivisionWdlnds Vil Cochrans Cr 01
Land UseResidential
Legal DescriptionS972200 - WDLNDS VIL COCHRANS CR 01, BLOCK 2, LOT 23
Census Tract691100
Assessed Land Value$60,000
Assessed Improvement Value$465,774
Assessment Year2025

About this property

Beautifully maintained & thoughtfully updated, this light-filled home features brand-new roof (June 2026), new HVAC system (2024), freshly painted interior, & updated kitchen & baths with equity to spare for other updates desired! Backing to peaceful greenbelt with direct access to miles of hike/bike trails, this is the kind of neighborhood where kids still ride their bikes, neighbors walk dogs, & families spend time outdoors. Walk to top-rated David Elem & Collins Interm, Shadow Bend Park & Pool, soccer fields, basketball court, tennis/pickleball, & stocked fishing pond (see video). Inside, enjoy spacious living areas, tile & vinyl plank flooring, gas fireplace & shady, screened back porch. Shopping, dining, & entertainment are all just minutes away! One of the lowest property tax rates around! Come see the lovely Home, then take a walk through the wonderful neighborhood! You can always make a house your own-but you only get one chance to choose the right location! See Attachments

Investor Tools

$395,926Estimated Mortgage Balance
$131,275Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,155 /month
Positive
Cash Flow Estimate:
$1,052 /month

Interested in this property?

Ann Buist

Coldwell Banker Realty - The Woodlands

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$830/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,327
$525,774
2025
$60,000
$465,774
$525,774
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,327
$525,774

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$425,647
Yes
First
Oct 12, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,926
$129,848
24%
75%
$2,552/mo

City: The Woodlands

259 E Rainbow Ridge Cir | Property Details | No Agent List