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135 Teralyn Grove Loop
Willis, TX 77318
2 Home Package in The Woodlands Hills, Texas · Specialty Property For Sale · 3,702 SF

Investment Highlights

  • 135 Teralyn Grove is across from the 17-acre park, formerly model home
  • No neighbors on one end of each home, tenant occupied
  • Plenty of parking spaces in coveted location

Executive Summary

Great Investment opportunity, better tenants.
Both of these properties are located in The Woodlands Hills master-planned community in Willis, TX. Tenant occupied, do not disturb them.
148 Gray Pine Grove Way
Property Type: Single-Family Traditional Home
Key Specs: 4 Bedrooms, 3.5 Bathrooms, 3,702 Sq. Ft.
Interior Highlights: This home features a cathedral ceiling foyer with expansive windows that fill the space with natural light. The layout includes a formal living area, a dedicated home office, a game room, and a media room upstairs. The kitchen is designed for entertaining with a large quartz island, walk-in pantry, and breakfast bar.
Exterior & Lot: Situated on a generous 0.30-acre corner lot with a fully fenced backyard. The exterior is finished with a classic brick and stone combination.
Community Perks: Residents have access to neighborhood amenities, including a clubhouse and subdivision tennis courts. Many improvements were made in 2024.
135 Teralyn Grove Loop
Property Type: Single-Family Home (Former Model Home)
Key Specs: 5 Bedrooms, 3 Full Bathrooms, ~3,618 Sq. Ft.
Interior Highlights: As a former model home, this property boasts high-end finishes and abundant natural light. The floor plan includes both formal living and dining areas, a game room, and a kitchen featuring soft-closing cabinets and drawers with an island. The primary suite is conveniently located on the first floor.
Energy & Tech: Equipped with energy-efficient HVAC, a digital programmable thermostat, and pre-wiring for sound and alarm systems.
Exterior & Lot: The property features a fully fenced backyard with a sprinkler system and sits on a ~11,489 sq. ft. lot
148 Gray Pine Grove is generating $3,300.00 per month on a two-year lease, potentially for extending
135 Teralyn Grove Loop is generating $3,550.00 with 6 months left on the lease, but with the intention of extending the lease
Lease pricing could be negotiated at the end of the term.

Property Facts

Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Property Type Specialty
Lot Size 0.50 AC
Building Size 3,702 SF
No. Stories 2
Year Built/Renovated 2021/2024

Amenities

  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 9356-04-00300
  • 9271-08-03900
Land Assessment
$145,427
Improvements Assessment
$843,556
Total Assessment
$988,983
  • Listing ID: 39750418

  • Date on Market: 3/12/2026

  • Last Updated:

  • Address: 135 Teralyn Grove Loop, Willis, TX 77318

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