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$908,370

NAL Estimated Property Value

461 N Forest Cove Loop, Coldspring, TX, 77331

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,830 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$282.65 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3.5Bathrooms 3.5
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony, Outdoor Kitchen
Lot Size18,051 sqft

Building Information

Year Built1999

Land Information

APN51972
Lot Number42
SubdivisionCape Royale - Forest Cove
Land UseResidential
Legal DescriptionCAPE ROYALE - FOREST COVE, BLOCK 1, LOT 42, ACRES .4144
Census Tract200201
Assessed Land Value$375,000
Assessed Improvement Value$533,370
Assessment Year2025

About this property

Situated on a prime lot and nestled within the prestigious gated community of Cape Royale, this one-of-a-kind lake house offers unparalleled open-water views and features 120 ft of waterfront. A 2-story home that is designed for lake life! The first floor boasts 3 bedrooms each with walk-in closets and ensuite bathrooms. There is an additional 4th bedroom on the first floor that makes the perfect bunk room game room. The second-story floor plan is complete with vaulted ceilings and a wall of windows that provide ample natural lighting and make the most of the tranquil open water lake views. The open-concept kitchen, living, and dining areas are perfect for gatherings. This entertainer's dream includes a second-floor wet bar, wine fridge, and dining deck perfect for enjoying your morning coffee. Just steps away is your private boat house with electrical and lighting providing ample opportunity for boating and water sports.

Investor Tools

Property Icon
$908,370
Estimated Property Value
$0Estimated Mortgage Balance
$908,370Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,450 /month
Positive
Cash Flow Estimate:
$1,817 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,356/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,730
$908,370
2025
$375,000
$533,370
$908,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,730
$908,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peoples Bank
Conventional
$225,000
No
First
N/A
Dec 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$908,370
100%
0%
$0/mo

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: Coldspring

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461 N Forest Cove Loop | Property Details | No Agent List