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Owner Contacts

$1,828,900

NAL Estimated Property Value

31 Karsten Creek Way, The Woodlands, TX, 77389

Off Market

4 Beds

5 Bath

4,770 Sq Ft

$293.5 / sqft

Built in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Ice Maker, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringCarpet, Stone, Wood

Exterior

Exterior FeaturesBalcony, Outdoor Kitchen

Lot Size12,145 sqft

Building Information

Year Built2012

Garage Spaces3

Land Information

APN1255150010013

Lot Number13

SubdivisionThe Woodlands Carlton Woods Creekside 6

Land UseResidential

Legal DescriptionLT 13 BLK 1 THE WOODLANDS CARLTON WOODS CREEKSIDE 6 IN THE VILLAGE OF CREEKSIDE PARK

Census Tract555305

Assessed Land Value$498,263

Assessed Improvement Value$1,330,637

Assessment Year2025

About this property

Tuscan Inspired in Gated Carlton Woods Creekside! Cantera Iron Doors lead to 2 Story Foyer w/ Cascading Staircase. Glass French Doors open to Sophisticated Study, Formal Dining features Inlaid Hardwoods. Family Room w/ Circle Beam Coffer Ceiling, Fireplace, Travertine Floors & Panoramic Window. Island Kitchen w/ Thermador Appliances, Custom Wood Cabinetry, Marble Counters & Stunning Breakfast Fans Out into Gardens w/ Windows Surround. Ultimate Outdoor Loggia w/ Granite Kitchen, Stainless Steel Grill, Vent Hood, Sink & Frig. Rustic Chic Fireplace & Wood w/ Travertine Ceilings. Private Sanctuary Ensuite w/ Pristine Hardwoods, Tray Ceiling, Sitting Area Encircled by Windows w/ Electric Shades, Ensuite Boasts Marble Floors, Massive Walk in Shower, Ornate Soaker Tub, Custom Stained Cabinetry & Granite Countertops. True Billiards & Media Rooms Enjoy Ultimate Balcony Living. All Bedrooms are Ensuites w/ Hardwoods, Custom Cabinetry & Stone. Extensive Landscaping. Short Stroll to Fazio Golf!

Investor Tools

$1,828,900

Estimated Property Value

$1,115,188Estimated Mortgage Balance

$713,712Estimated Equity

39% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$10,973 /month

Positive

Cash Flow Estimate:

$3,658 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,601/month

$4,750/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,072

$1,828,900

2025

$498,263

$1,330,637

$1,828,900

Tax History

Year

Tax Paid

Assessed Value

2024

$10,072

$1,828,900

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Origin Bank

Conventional

$1,190,000

First

Sep 28, 2022

Oct 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$1,115,188

$713,712

39%

61%

$6,030/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,300/mo

$10,780/mo

$-7,480/mo

2.2%

Learn About the Market: Opportunity in Texas

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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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