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$548,000

NAL Estimated Property Value

38 W Trace Creek Dr, The Woodlands, TX, 77381

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,490 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.64 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Cooktop, Dishwasher, Oven, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,439 sqft

Building Information

Year Built1988
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9715-03-05600
Lot Number17
SubdivisionWdlnds Vil Indian Sprg 03
Land UseResidential
Legal DescriptionWDLNDS VIL INDIAN SPRG 03, BLOCK 2, LOT 17
Census Tract691301
Assessed Land Value$70,000
Assessed Improvement Value$488,192
Assessment Year2025

About this property

Come check out this darling Life Forms home in the popular neighborhood of Trace Creek. This home backs to a TRUE RESERVE! Take the trail right next door to your home over the bridge & head to the Mitchell Preserve - what a great location! This light & bright 4 bedroom, 2.5 bath has the primary suite downstairs, with jetted tub & large walk in shower. Gorgeous limestone fireplace and soaring ceilings in the family room. Three more big bedrooms up plus a gameroom. Huge screened in patio! Relax in your private hot tub on your giant deck and enjoy nature. Tons of updates including Hardiplank (2016 & 2020), hot tub (2016), windows (2016), granite (2016), fence (2020) sewer & water main (2018), A/C & heating system (2020), tankless hot water heater (2020), flooring (2021), wifi garage door opener. Just painted whole house including kitchen cabinets & new carpet in upstairs bedrooms. Zoned to amazing Woodlands schools. Perfect location in the very heart of The Woodlands! NEVER FLOODED.

Investor Tools

Property Icon
$548,000
Estimated Property Value
$361,381Estimated Mortgage Balance
$186,619Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,288 /month
Positive
Cash Flow Estimate:
$1,096 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$773/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,542
$500,492
2025
$70,000
$488,192
$558,192
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,542
$500,492

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$394,250
No
First
Dec 8, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,381
$194,619
35%
66%
$2,364/mo

City: The Woodlands

38 W Trace Creek Dr | Property Details | No Agent List