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$317,000

3115 Falling Brook Drive, Kingwood, TX, 77345

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,307 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.82 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size8,485 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN1147350190021
Lot Number21
SubdivisionGreentree Village
Land UseResidential
Legal DescriptionLT 21 BLK 19 GREENTREE VILLAGE SEC 2
Census Tract251505
Assessed Land Value$69,933
Assessed Improvement Value$220,528
Assessment Year2025

About this property

Welcome Home! Exceptionally maintained home on a quiet street and nestled in the heart of the coveted Greentree neighborhood. Crowned by a canopy of mature trees, this residence offers a large Family Rm w/ high ceiling, Wet Bar, Built-ins & accented by a floor to ceiling Brick Fireplace. Kitchen equipped w/ SS Appliances, Granite countertop, Brkfst bar & Breakfast area. Living Rm w/ large windows overlooking the front gardens. Enjoy the charm & tranquility of the Sunroom w/ cathedral ceiling & screened walls. Oversized Primary Bedroom w/ en-suite Bath that features: double-sink vanity, glass-enclosed walk-in shower, his and her closet. Laminate wood flooring throughout the house & Tile in wet areas. Low-e Windows in bedrooms. The backyard features a patio & fully fenced backyard. Make this residence your own & discover the joy of living in a charming neighborhood that is zoned to FANTASTIC schools. Close proximity to all sorts of shopping and the Golf Course just under 5 minutes away.

Investor Tools

Property Icon
$317,000
Estimated Property Value
$0Estimated Mortgage Balance
$19,597Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$138/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$68
$290,461
2025
$69,933
$220,528
$290,461
No

Tax History

Year
Tax Paid
Assessed Value
2024
$68
$290,461

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Va
$310,000
Yes
First
Feb 29, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,403
$19,597
6%
94%
$1,859/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$2,259/mo
+$871/mo
11.8%

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: Kingwood

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