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$419,000

NAL Estimated Property Value

623 Thornwood Dr, Shenandoah, TX, 77381

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,339 Sq Ft
price_per_sqft$181.7 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Lot Size10,449 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces4

Land Information

APN8750-03-11600
Lot Number116
SubdivisionShenandoah Valley 03
Land UseResidential
Legal DescriptionSHENANDOAH VALLEY 03, BLOCK 12, LOT 116
Census Tract690702
Assessed Land Value$60,000
Assessed Improvement Value$316,803
Assessment Year2025

About this property

A place to Grow, Gather & Make Your Own! Fully updated and move-in ready! This charming one-story sits on an oversized lot near I-45 and The Woodlands. Inside, enjoy a fully remodeled kitchen to include new cabinets, countertops, backsplash, stainless appliances, and new utility cabinetry. Updates include Shaw LVP flooring throughout, both bathroom cabinets/countertops,sinks, tub to shower reno, fixtures, spray foam insulation, all-new plumbing lines, tankless water heater, new HVAC ductwork, recent HVAC system and new interior and barn doors. Outside features a newer fence, double-paned windows, roof 7+ yrs new, and a 3-car detached garage with an extra flex room for a workshop or gym. Zoned to top-ranked Woodlands schools, walking distance to the community pool and pavilion, low tax rate, no MUD, and never flooded. What are you waiting for? Make an appointment to tour this amazing property today!

Investor Tools

Property Icon
$419,000
Estimated Property Value
$0Estimated Mortgage Balance
$419,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$678/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,039
$376,803
2025
$60,000
$316,803
$376,803
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,039
$376,803

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$411,000
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.

Explore Texas Explore This Area
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: Shenandoah

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623 Thornwood Dr | Property Details | No Agent List