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$489,865

1051 Timbergrove Yards Ln, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,926 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.17 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Cooktop, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,721 sqft

Building Information

Year Built2019
Garage Spaces1

Land Information

APN1392630010013
Lot Number13
Land UseResidential
Legal DescriptionLT 13 BLK 1 TIMBERGROVE YARDS
Census Tract510902
Assessed Land Value$120,825
Assessed Improvement Value$369,040
Assessment Year2025

About this property

Live, Work, and Invest in Style—Just Minutes from the Heights. Stunning home in the gated community of Timbergrove Yards with unbeatable access to The Heights, Memorial Park, Prime 131, and nearby hike/bike trails. The versatile 1st-floor suite features a private entrance, alarm zone, kitchenette, and washer/dryer hookups—perfect for guests, a home office, or short-term rental potential. The open-concept 2nd floor is ideal for entertaining, with a stylish kitchen offering quartz countertops, stainless appliances, and ample storage. A covered patio extends the living space outdoors. The spacious primary suite boasts dual walk-in closets and a spa-like bath with double vanities, a frameless glass shower, and a soaking tub. Large windows throughout fill the home with natural light. Additional features include a secure package drop-off closet, beautifully maintained green spaces, and a private dog park. Freshly painted and carpet (August 2025).

Investor Tools

Property Icon
$489,865
Estimated Property Value
$357,600Estimated Mortgage Balance
$135,907Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,939 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$787/month
$2,470/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,998
$489,865
2025
$120,825
$369,040
$489,865
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,998
$489,865

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$357,600
No
First
Oct 1, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,958
$135,907
27%
72%
$2,144/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$4,614/mo
$-2,384/mo
5.5%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1051 Timbergrove Yards Ln | Property Details | No Agent List