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$366,818

3423 Cape Forest Dr, Kingwood, TX, 77345

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,373 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.81 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringTile

Exterior

Lot Size6,325 sqft

Building Information

Year Built1988
Garage Spaces2

Land Information

APN1154090010028
Lot Number28
SubdivisionKings Crossing
Land UseResidential
Legal DescriptionLT 28 BLK 1 KINGS CROSSING SEC 7
Census Tract251505
Assessed Land Value$69,328
Assessed Improvement Value$297,490
Assessment Year2025

About this property

Incredible Plan 3 BR Village Builders Patio Home PLUS Study/Flex in desirable Kings Crossing - The Retreat. This home features 3 spacious BR, 2 baths, + Study, Open flexible floor plan, high ceilings & LOTS of storage space! Light & bright Kitchen w/Granite countertops, island w/cooktop, tumbled marble back splash, under cabinet lighting, SS appliances, pantry & eat in area. Formal dining area + large Living Room w/fireplace, built-ins & wall of windows overlooking patio. Wood-look hand-scraped tile in main areas + Bedrooms. Primary BR’s spacious ensuite w/Granite countertops, double sinks, jetted tub & separate shower. Second bath has Granite countertops & double sinks. Solar screens on south facing windows, & a huge floored attic space. Private patio w/low maintenance yard & sprinkler system. 2 car attached & over-sized garage. Includes 2022 Stainless LG French Double Door/Drawer Fridge, 2021 Washer/Dryer. Fence replaced 2022. Never Flooded. Close shopping, restaurants and schools.

Investor Tools

Property Icon
$366,818
Estimated Property Value
$262,500Estimated Mortgage Balance
$122,209Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,201 /month
Positive
Cash Flow Estimate:
$734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
$579/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,586
$366,818
2025
$69,328
$297,490
$366,818
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,586
$366,818

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Conventional
$262,500
No
First
Sep 16, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,609
$122,209
33%
67%
$1,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$2,153/mo
+$267/mo
7.9%

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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3423 Cape Forest Dr | Property Details | No Agent List