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$448,000

31 Forest Ravine Drive, The Woodlands, TX, 77375

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,805 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$221.61 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Trash Compactor, Microwave, Gas Range, Dishwasher

Exterior

Lot Size3,698 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN1368520010007
Lot Number7
Land UseResidential
Legal DescriptionLT 7 BLK 1 THE WOODLANDS CREEKSIDE PARK WEST SEC 33
Census Tract555303
Assessed Land Value$73,476
Assessed Improvement Value$348,769
Assessment Year2025

About this property

Rare opportunity! Luxurious townhome with a private backyard and no neighbors behind in one of the best locations in The Woodlands! Offers a walkable active lifestyle with access to trails, shopping, dining, and an abundance of nearby amenities such as ponds, parks, pools, splashpads, and schools. Explore your new local hotspots; Cinepolis movie theater, HEB, Lovebeans Coffee, gyms, The Refuge, Avanti wine bar, candy shop, Cupcakes & Bubbles, & so much more! This Vintage Villa is absolutely stunning, features a recently built covered Pergola, extended travertine patio & large Klipsch multi-controller lighted fan! Boasts 2 balconies, open gourmet Island kitchen w/designer cabinets, new SS range & dishwasher, extensive Hardwoods and a new hardwood staircase. Owner retreat with a private balcony, relaxing and spacious owners en-suite with a huge walk-in closet! Custom sealed & painted garage floor, oversized garage, 16 SEER HVAC & entire home water softener.

Investor Tools

Property Icon
$448,000
Estimated Property Value
$0Estimated Mortgage Balance
$448,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,688 /month
Positive
Cash Flow Estimate:
$896 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
$209/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,240
$422,245
2025
$73,476
$348,769
$422,245
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,240
$422,245

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$448,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$209/mo
+$1,701/mo
5.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: The Woodlands

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