$270,000
3118 Cascade Creek Dr, Kingwood, TX, 77339
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDouble Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile
Exterior
Lot Size8,024 sqft
Building Information
Year Built1978
Stories1
Garage Spaces2
Land Information
APN1098170000051
Lot Number51
SubdivisionElm Grove Village
Land UseResidential
Legal DescriptionLT 51 BLK 3 ELM GROVE VILLAGE SEC 1
Census Tract251402
Assessed Land Value$65,137
Assessed Improvement Value$210,484
Assessment Year2025
About this property
Beautifully updated 4-bedroom, 2-bath home featuring fresh interior paint and new carpet in bedrooms. the functional floor plan offers comfortable living spaces and plenty of room for family, guests, or home office. Enjoy outdoor entertaining on the patio, with a built in firepit, creating an inviting space for gatherings or a relaxing evening. Move in ready with thoughtful updates throughout. This home is a must-see!
Investor Tools
$200,452Estimated Mortgage Balance
$75,169Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,654 /month
Positive
Cash Flow Estimate:
$551 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
$400/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,720
$275,621
2025
$65,137
$210,484
$275,621
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,720
$275,621
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$164,900
No
First
Jun 15, 2020
Jul 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,452
$75,169
27%
73%
$1,325/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$1,725/mo
+$345/mo
9.0%
