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$796,000

NAL Estimated Property Value

58 Watertree Drive, The Woodlands, TX, 77380

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,286 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.72 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate, Tile, Wood

Exterior

Lot Size18,685 sqft

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces2

Land Information

APN9728-44-05800
Lot Number30
SubdivisionWdlnds Vil Grogans Ml 44
Land UseResidential
Legal DescriptionWDLNDS VIL GROGANS ML 44, BLOCK 3, LOT 30
Census Tract691402
Assessed Land Value$120,000
Assessed Improvement Value$599,000
Assessment Year2025

About this property

Welcome to 58 Watertree in Grogans Point on almost a 1/2 acre lot! It features 4/5 bedrooms, 3.5 bath & oversized 2 car garage! This wonderful home is full of updates & extra features with its open living space + high ceilings, plantation shutters, updated kitchen, 30K primary bathroom remodel, 2019 roof, 1 AC unit replaced in 2021, motorized sunroof on back patio,& more! The primary suite has it's own private back patio doors, double closets, deep soaker tub, shower + separate vanities. It's across the hall from the office that could also serve as the 5th bedroom. Three spacious bedrooms are upstairs + game room(w/ extra attic storage) + 2 full bathrooms. The prestigious Grogans Point has fast access to I-45, Exxon campus,& Market Street, boasts no HOA fees, miles of trails, children’s park, tennis & other sports courts/areas, addt’l security via community sponsored program, + is a friendly community w/ lots of social clubs! Home on one of highest elevations in area! Come tour today!

Investor Tools

Property Icon
$796,000
Estimated Property Value
$509,735Estimated Mortgage Balance
$286,265Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,776 /month
Positive
Cash Flow Estimate:
$1,592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,172/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,089
$719,000
2025
$120,000
$599,000
$719,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,089
$719,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$548,000
No
First
Aug 12, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$509,735
$286,265
35%
64%
$3,286/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: The Woodlands

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58 Watertree Drive | Property Details | No Agent List