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Days1474Days on Market
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$2,200

3406 Cape Forest Dr, Kingwood, TX, 77345

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,476 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.49 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Range, Free-Standing Range, Refrigerator, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,556 sqft

Building Information

Year Built1984
Garage Spaces2

Land Information

APN1154090020015
Lot Number15
SubdivisionKings Crossing
Land UseResidential
Legal DescriptionLT 15 BLK 2 KINGS CROSSING SEC 7
Census Tract251505
Assessed Land Value$63,255
Assessed Improvement Value$194,505
Assessment Year2025

About this property

BEAUTIFUL ONE STORY PATIO HOME REDONE AND READY FOR MOVE-IN. LARGE TILE FLOORS GRANITE COUNTERS BLACK APPLIANCES. MASTER BATH HAS A LARGE REMODELED SHOWER. HIGH CEILINGS WITH SKYLIGHTS FOR LIGHTS AND BRIGHT ROOMS. PROFESSIONALLY LANDSCAPED FRONT YARD AND PEACEFUL SIDE YARD ARE JUST ONE OF THE MANY WONDERFUL FEATURES OF THIS PATIO HOME. THE PERFECT RENTAL!

Investor Tools

Property Icon
$257,760
Estimated Property Value
$155,000Estimated Mortgage Balance
$114,888Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,547 /month
Positive
Cash Flow Estimate:
$516 /month

Interested in this property?

Suzanne Noonan Murphy

RE/MAX Associates Northeast

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,185
$257,760
2025
$63,255
$194,505
$257,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,185
$257,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$155,000
No
First
May 27, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,397
$136,603
48%
56%
$930/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,840/mo
$930/mo
+$910/mo
8.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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3406 Cape Forest Dr | Property Details | No Agent List