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$594,000

NAL Estimated Property Value

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

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,759 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.99 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,611 sqft

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9722-00-05100
Lot Number31
SubdivisionWdlnds Vil Cochrans Cr 01
Land UseResidential
Legal DescriptionS972200 - WDLNDS VIL COCHRANS CR 01, BLOCK 2, LOT 31
Census Tract691100
Assessed Land Value$60,000
Assessed Improvement Value$348,977
Assessment Year2025

About this property

So tastefully remodeled & well-maintained, charming family home offering spacious rooms including huge family room up and inviting sunroom overlooking lush greenbelt (NO back neighbors!) Enjoy sitting on shady deck and hearing the fountain and sounds of Forest Lake duck pond, just minutes from top-rated David Elem. & Collins Intermed., walking paths, Shadowbend Park, pool, splash pad, tennis & pickleball courts! One of the largest homes in highly desirable Sylvan Forest, centrally located in the heart of The Woodlands for easy commute, minutes from restaurants, shops, and entertainment! Roof replaced 2023, Dual Zoned Lennox Furnace & AC 2017, recently updated electrical panel, new fence & deck, remodeled bathrooms & kitchen, top-of-line appliances with convection oven & air fryer, fresh paint, new 20 mil Luxury Vinyl Plank & carpet in bedrooms up. Newer washer/dryer, refrig negotiable. This home is stylish, modern, charming & comfortable! No flooding, ever! Low property tax rate!

Investor Tools

Property Icon
$594,000
Estimated Property Value
$481,050Estimated Mortgage Balance
$112,950Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,708 /month
Positive
Cash Flow Estimate:
$1,236 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,644
$379,178
2025
$60,000
$348,977
$408,977
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,644
$379,178

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midfirst Bank
Credit Line (Revolving) / Heloc
$486,000
No
First
Oct 15, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$481,050
$103,950
17%
81%
$2,914/mo

City: The Woodlands

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