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$349,000

3302 Redwood Lake Dr, Kingwood, TX, 77345

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,235 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.61 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,942 sqft

Building Information

Year Built1989
Garage Spaces2

Land Information

APN1168570010028
Lot Number28
SubdivisionKings Crossing
Land UseResidential
Legal DescriptionLT 28 BLK 1 KINGS CROSSING SEC 10
Census Tract251504
Assessed Land Value$68,607
Assessed Improvement Value$258,646
Assessment Year2025

About this property

FABULOUSLY UPDATED PATIO HOME IN THE HEART OF KINGWOOD. GORGEOUS GRANITE COUNTERS & BACKSPLASH IN KITCHEN. LARGE OPEN KITCHEN WITH WHITE CABINETS AND PLENTY OF STORAGE, VIKING GAS RANGE, BOSCH DISHWASHER, STAINLESS UNDERMOUNT SINK, FRIDGE INCLUDED AND PEACEFUL BREAKFAST AREA THAT OVERLOOKS THE OUTSIDE. BEAUTIFUL ANDERSON MAPLE HARDWOOD FLOORING SIMPLY ENHANCE THE CHARM OF THIS PRETTY VILLAGE BUILDER SINGLE STORY HOME. EXECUTIVE STUDY WITH FRENCH DOORS, CUSTOM WHITE BUILT IN CABINETS AND SHELVES/ FOR PRIVACY-COULD BE THREE BEDROOMS AS WELL, DECORATOR PAINT COLORS, PLANTATION SHUTTERS, THIS HOME ABSOLUTELY SHINES IMPECCABLY CLEAN. BRAND NEW FRENCH DOORS IN MASTER THAT LEADS TO STUNNING OUTDOOR DECK AND SEPARATE PATIO AREA PERFECT OF ENTERTAINING. LUSH LANDSCAPE AND COMPLETELY PRIVATE BACKYARD.

Investor Tools

Property Icon
$349,000
Estimated Property Value
$0Estimated Mortgage Balance
$349,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
$484/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,931
$327,253
2025
$68,607
$258,646
$327,253
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,931
$327,253

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$357,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$484/mo
+$1,936/mo
8.3%

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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3302 Redwood Lake Dr | Property Details | No Agent List