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$746,000

NAL Estimated Property Value

3615 Mulberry Hills Dr, Houston, TX, 77339

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,475 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.89 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size23,531 sqft

Building Information

Year Built1980
Garage Spaces3

Land Information

APN1092730010010
Lot Number10
SubdivisionKingwood Lakes Vlg 4 2nd R/P
Land UseResidential
Legal DescriptionLT 10 BLK 2 KINGWOOD LAKES VLG 4 2ND R/P
Census Tract251000
Assessed Land Value$121,214
Assessed Improvement Value$544,974
Assessment Year2025

About this property

Experience luxury living in this stunning custom home located in the sought-after Village of Kingwood Lakes. With a master suite on the main floor, updated kitchen, and spacious living areas overlooking a tropical pool, this home is perfect for entertaining. Additional features include a private study, game room, and a full apartment above the 3 car garage. Enjoy the amenities of the Clubs of Kingwood and the tranquility of over 1/2 acre of wooded land. Washer/Dryer, Fridge, and Pool Service included. No smokers, pets considered. Don't miss out on this exquisite property!

Investor Tools

Property Icon
$746,000
Estimated Property Value
$289,262Estimated Mortgage Balance
$456,738Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,476 /month
Positive
Cash Flow Estimate:
$1,492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$732/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,057
$666,188
2025
$121,214
$544,974
$666,188
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,057
$666,188

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$383,200
No
First
Feb 13, 2015
Mar 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,262
$467,738
61%
39%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,670/mo
N/A
+$2,670/mo
4.3%

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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3615 Mulberry Hills Dr | Property Details | No Agent List