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$491,000

NAL Estimated Property Value

812 S Millbend Dr, The Woodlands, TX, 77380

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,475 Sq Ft
price_per_sqft$161.58 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size14,746 sqft

Building Information

Year Built1980
Stories2
Roof Type127
Garage Spaces2

Land Information

APN9728-28-23600
Lot Number28
SubdivisionWdlnds Vil Grogans Ml 28
Land UseResidential
Legal DescriptionWDLNDS VIL GROGANS ML28, BLOCK 6, LOT 28 S/40 FT, 29 N/45 FT
Census Tract691601
Assessed Land Value$60,000
Assessed Improvement Value$322,790
Assessment Year2025

About this property

Location location, location! Rare opportunity to live in the front of The Woodlands, nestled among the trees on more than a 1/3 acre at this price point. One mile from The Woodlands Country Club Tournament golf course, 2 miles from Market St, & I-45. New crisp white paint inside and out & new LED recessed lighting throughout, offers a blank canvas to add your personal style. Features two amazing living spaces! Open concept Family/Dining Room faces front yard, while the Den with a cozy fireplace, built ins, and wet bar, perfect for entertaining, overlooks the backyard. Both flow well through the kitchen, separate breakfast area, and 1/2 bath for guests. The downstairs Primary bedroom w/ensuite bath features a large walk in shower, double vanities & double walk in closets. Three spacious upstairs bedrooms all have ceilings fans, blinds, & huge walk in closets w/custom millwork. Bedroom #4 could be a Study or Game Room w/ built in desk & bookcase. Highly acclaimed Conroe ISD!

Investor Tools

Property Icon
$491,000
Estimated Property Value
$306,752Estimated Mortgage Balance
$184,248Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,946 /month
Positive
Cash Flow Estimate:
$982 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$688/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,806
$382,790
2025
$60,000
$322,790
$382,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,806
$382,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Victorian Finance Llc
Unknown
$320,800
No
First
Dec 20, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$306,752
$212,248
40%
62%
$1,924/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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812 S Millbend Dr | Property Details | No Agent List