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$266,000

NAL Estimated Property Value

3531 Cape Forest Dr, Kingwood, TX, 77345

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,524 Sq Ft
price_per_sqft$170.6 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee 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 Range, Free-Standing Range, Dishwasher, Oven, Refrigerator
FlooringLaminate, Tile

Exterior

Lot Size6,325 sqft

Building Information

Year Built1987
Garage Spaces2

Land Information

APN1154090010022
Lot Number22
SubdivisionKings Crossing
Land UseResidential
Legal DescriptionLT 22 BLK 1 KINGS CROSSING SEC 7
Census Tract251505
Assessed Land Value$69,328
Assessed Improvement Value$185,323
Assessment Year2025

About this property

Wonderful patio home located on a corner lot and close to HEB, shopping, post office, and local restaurants. A beautiful courtyard is a great place to enjoy gardening or just enjoy the outdoors. This one-story home has been meticulously maintained and updated by its owners. Features include a large family room with a gas fireplace, plenty of natural light, and a lovely window seat. Dining area has a view out to the sideyard. The kitchen cabinets have been updated and feature built-in cutting boards and slide-out shelves and granite counters. There is a breakfast nook and breakfast bar. The owner's retreat is spacious and the bath features a separate shower, tub, and a walk-in closet. There is an abundance of storage throughout the home. The rear yard is a blank slate or use your imagination and plan for an additional patio area. The garage offers a workbench and cabinets for the handyman. The refrigerator will convey with the sale of the home. NO FLOODING

Investor Tools

Property Icon
$266,000
Estimated Property Value
$237,807Estimated Mortgage Balance
$28,193Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
$579/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,550
$254,651
2025
$69,328
$185,323
$254,651
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,550
$254,651

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$257,050
No
First
May 19, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,807
$33,193
12%
89%
$1,542/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$2,121/mo
+$299/mo
10.9%

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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3531 Cape Forest Dr | Property Details | No Agent List