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$387,000

NAL Estimated Property Value

631 Lake Grove Drive, Coldspring, TX, 77331

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,918 Sq Ft
price_per_sqft$202.82 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size20,957 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN86502
Lot Number14
SubdivisionCape Royale - Kings Point
Land UseResidential
Legal DescriptionCAPE ROYALE - KINGS POINT, BLOCK 3, LOT 14, ACRES .4811
Census Tract200201
Assessed Land Value$22,630
Assessed Improvement Value$352,370
Assessment Year2025

About this property

Welcome to this charming one-story brick home in the desirable section of Kings Point in Cape Royale. Situated on a spacious 0.48 acre lot, this 3 bed, 2 bath home has a functional layout for everyday living. As you enter the home you are greeted by the first living area with built in bookshelves to display your favorite reads or showcase decorative items. The second living area with wood burning fireplace is open to the kitchen & could be used as a formal dining area or adapted to suit your own needs. The kitchen features granite counter tops, stainless steel appliances, pantry & breakfast bar. Relax or cook on the covered back patio which spans the width of the home and enjoy the fully fenced yard for family activities. The detached oversize garage is a standout feature of this property, complete with a convenient two car tandem car port on one side offering ample parking and storage space. Cape Royale boasts a deep-water marina, tennis courts, swimming pool, nature trails and more!

Investor Tools

Property Icon
$387,000
Estimated Property Value
$210,568Estimated Mortgage Balance
$176,432Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
$487/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,047
$375,000
2025
$22,630
$352,370
$375,000
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,047
$375,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$215,000
No
First
Mar 24, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,568
$176,432
45%
54%
$1,290/mo

City: Coldspring

631 Lake Grove Drive | Property Details | No Agent List