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The Woodlands 77381 Indian Springs
31 Sheep Meadow
$220,000 Last Listed Price
● House - Off Market

31 Sheep Meadow

The Woodlands, TX 77381
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,762 Ft²
$320,549
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

BEAUTIFUL TWO STORY HOME NESTLED ON A CUL-DE-SAC LOT, CENTRALLY LOCATED IN THE HEART OF THE WOODLANDS. SPECIAL FEATURES INCLUDE TILE & LAMINATE WOOD FLOORING & CEILING FANS. WELL DESIGNED FLOOR PLAN INCLUDES FORMAL DINING, LIVING RM, DEN, KITCHEN, BREAKFAST RM, PLUS NICE SIZE LAUNDRY ROOM. UPDATED KITCHEN CABINETRY, GRANITE COUNTERTOPS W/TILE BACKSPLASH, SS APPLIANCES & REFRIGERATOR STAYS.   ALL BEDROOMS UP. MASTER BATH HAS LARGE WALK IN SHOWER PLUS DOUBLE SINKS WITH VANITY.  FULLY FENCED YARD WITH MATURE TREES.  WITHIN WALKING DISTANCE TO MITCHELL PRESERVE AND FALCONWING PARK.
Unit Size
1,762 Ft²
Days on Market
-
Land Size
-
Price per sqft
$125
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (HAR #27380577)

Price History

Date / Event Date Event Price
Jan 17, 2020 Sold
Premium
Sold
Nov 7, 2019 Listed by Village Realty $220,000
Listed by Village Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 7
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,610
  • Total Building Area: 2,202
  • Building Area: 1,762
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,762
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WDLNDS VIL INDIAN SPRG 01
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: S971500 - WDLNDS VIL INDIAN SPRG 01, BLOCK 3, LOT 55

Neighborhood

  • School District Name: Conroe Independent School District
  • School Tax School District: LONE STAR COLLE
  • Census Tract: 691301

Zoning

  • Zoning: 6

Geography

  • Parcel: 9715-00-14300
  • Block: 3
  • Lot: 55
  • Municipality: UNINCORPORATED AREA
  • Latitude: 30.1707
  • Longitude: -95.5133

    Address

  • Full Address: 31 Sheep Meadow Pl
  • Address - House Number: 31
  • Address - Street Name: Sheep Meadow
  • Address - Suffix Type: Pl
  • State: TX
  • City Name: Spring
  • Carrier Code: C006
  • 4-Digit Zip Code: 3208
  • Zip Code: 77381

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $596,040
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: SCO

    Appraisal Valuation

  • Standard Deviation: 0.2457
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 65
  • Final Value: 381,482
  • High Value: 475,230
  • Low Value: 287,733

    Market Valuation

  • Market Total Value: $328,190
  • Market Land Value: $50,000
  • Market Improvement Value: $278,190

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $328,190
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $278,190

    Sales

  • Current Sale Contract Date: Jan 17, 2020
  • Current Sale Recording Date: Jan 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020005945
  • Previous Sale Recording Date: Feb 12, 2013
  • Previous Sale Contract Date: Feb 11, 2013
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About The Woodlands

Stats & Trends

Median Asking:

$610,000

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

52

Average Home Size

3050 ft²

Average Home Age

26 years

Currently For Sale

653 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6 W Lance Leaf Road, Spring, TX, 77381

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,871 ft²
6 W Lance Leaf Road, Spring, TX, 77381 Listing by Sergio DeSantiago
Unit for rent at 9 E Willowwood Court, The Woodlands, TX, 77381

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,501 ft²
9 E Willowwood Court, The Woodlands, TX, 77381 Listing by David Jordan
Unit for rent at 118 Willowwood Circle, Montgomery, TX, 77381

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,773 ft²
118 Willowwood Circle, Montgomery, TX, 77381 Listing by Elizabeth Miranda

Rentals Near You

Click here to view more rentals in the neighborhood.
HAR

Listed by: Kim Grimes, Village Realty
Last Updated: 3 years ago
Data Source: HAR , MLS# 27380577
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Frequently Asked Questions

When was property at 31 Sheep Meadow Place built and last sold?
The property at 31 Sheep Meadow Place was built in 1985 and last sold on Jan 17, 2020 for $205,000.
How much is this home worth?
The estimated value of the home located at 31 Sheep Meadow Place is $0.
What are some comparable homes to 31 Sheep Meadow Place?
There are currently no comparable homes to 31 Sheep Meadow Place.
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