5Days on Market

1view

$400,000

31515 Kailua Dr, Hockley, TX, 77447

On Market

Just Added

4 Beds

3 Bath

2,686 Sq Ft

Single Family Residence

$148.92 / sqft

Built in 2019

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDisposal, Freestanding Oven, Gas Oven, Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile, Vinyl Plank

Exterior

Exterior FeaturesSide Yard

Lot Size7,741 sqft

Building Information

Year Built2019

Garage Spaces2

Land Information

APN1376740090028

Lot Number28

Land UseResidential

Legal DescriptionLT 28 BLK 4 STONE CREEK RANCH SEC 9 R/P

Census Tract543005

Assessed Land Value$67,715

Assessed Improvement Value$292,237

Assessment Year2025

About this property

Welcome Home to a spacious one story built by K-Hovnanian. The Willard floorplan features 10 foot ceilings, 4 bedrooms, 3 full bathrooms, formal dining, & a gameroom/flex space. Home is situated on a cul-de-sac street on an oversized lot with room for a pool. A covered back patio is perfect for your morning cup of coffee or outdoor dining! Open concept kitchen/breakfast room/family room. High ceilings, neutral color palette, & tons of storage throughout. Large kitchen built for entertaining with granite counters, island & tile backsplash. Split floorplan with 2 guest bedrooms and full bath at the front of the home. Another guest bedroom & full bath at the side of the home. The primary en-suite is at the back of the home. Stone Creek Ranch offers a neighborhood pool, park, clubhouse, & lake w/walking path. Shopping & restaurants nearby. Located at 290 & 99 you can easily commute into Houston, Katy, or The Woodlands. Zoned to Waller ISD & McReavy Elementary.

Investor Tools

$384,000

Estimated Property Value

$265,720Estimated Mortgage Balance

$131,360Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,400 /month

Positive

Cash Flow Estimate:

$800 /month

Interested in this property?

Jennifer Doring

Blair Realty Group

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$311/month

$950/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,806

$359,952

2025

$67,715

$292,237

$359,952

Tax History

Year

Tax Paid

Assessed Value

2024

$1,806

$359,952

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Freedom Mortgage Corp

Fha

$265,720

Yes

First

Apr 20, 2020

Sep 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$252,640

$131,360

34%

66%

$1,723/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,500/mo

$2,673/mo

$-173/mo

7.8%

Learn About the Market: Opportunity in Texas

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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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