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$266,752

3211 This Way, Houston, TX, 77339

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,929 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.93 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size6,377 sqft

Building Information

Year Built2011
Garage Spaces2

Land Information

APN1228390020020
Lot Number20
SubdivisionNorth Kingwood Forest
Land UseResidential
Legal DescriptionLT 20 BLK 2 NORTH KINGWOOD FOREST
Census Tract251401
Assessed Land Value$63,078
Assessed Improvement Value$203,674
Assessment Year2025

About this property

Welcome to this fabulous area! This home has fresh interior paint and windows which create a light filled interior with well placed neutral accents. The kitchen is ready for cooking with ample counter space and cabinets for storage. Relax in your primary suite with a walk in closet included. Extra bedrooms add nice flex space for your everyday needs. The primary bathroom is fully equipped with a separate tub and shower, double sinks, and plenty of under sink storage. The fenced in backyard gives you the perfect private area to enjoy the outdoors. Hurry, this won’t last long! This home has been virtually staged to illustrate its potential.

Investor Tools

Property Icon
$266,752
Estimated Property Value
$212,000Estimated Mortgage Balance
$66,071Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
$310/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,695
$266,752
2025
$63,078
$203,674
$266,752
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,695
$266,752

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$212,000
No
First
Jun 21, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,681
$66,071
24%
75%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$1,582/mo
+$488/mo
9.3%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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3211 This Way | Property Details | No Agent List