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$691,000

NAL Estimated Property Value

31 Sky Terrace Place, The Woodlands, TX, 77381

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,911 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.09 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,132 sqft

Building Information

Year Built1988
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9722-05-04100
Lot Number86
SubdivisionWdlnds Vil Cochrans Cr 05
Land UseResidential
Legal DescriptionWDLNDS VIL COCHRANS CR 05, BLOCK 1, LOT LT86
Census Tract691000
Assessed Land Value$80,000
Assessed Improvement Value$501,920
Assessment Year2025

About this property

Located in Cochran's Crossing sits 31 Sky Terrace, a 4 bed, 3 bath with dining, family and game room. Welcoming front porch and lots of windows bringing in plenty of natural light. The main level features the family room, dining room, kitchen, breakfast, primary bedroom and secondary bedroom with full bath. Spacious kitchen with granite counters, double ovens, gas cooktop and plenty of storage. The kitchen and breakfast nook overlook the slate pavered back patio. Family room with gas fireplace and built-ins. Primary suite with sitting area. Downstairs secondary bedroom could double as an office/study. Upstairs leads you to the gameroom that features built-ins and a generous sized storage closet. Two secondary bedrooms and shared bath. Private backyard has a large pavered patio. Detached garage. Quick walk to YMCA, Collins Intermediate and shopping/dining at Cochran's Crossing Shopping Center.

Investor Tools

Property Icon
$691,000
Estimated Property Value
$164,943Estimated Mortgage Balance
$526,057Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,146 /month
Positive
Cash Flow Estimate:
$1,382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,776
$581,920
2025
$80,000
$501,920
$581,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,776
$581,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$170,000
No
First
Sep 26, 2024
Oct 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,943
$526,057
76%
24%
$1,020/mo

Learn About the Market: Opportunity in Texas

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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.

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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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31 Sky Terrace Place | Property Details | No Agent List