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$260,000

11001 Groveshire Dr, Texas City, TX, 77591

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths2 Bath
Baths2,821 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$92.17 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,039 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces1

Land Information

APN6039-0001-0020-000
Lot Number20
SubdivisionRainsong Sec 2 (2006) Abst 208
Land UseResidential
Legal DescriptionRAINSONG SEC 2 (2006) ABST 208, BLOCK 1, LOT 20, ACRES 0.162***DEFERRAL***
Census Tract721901
Assessed Land Value$33,520
Assessed Improvement Value$290,610
Assessment Year2025

About this property

Calling all investors, flippers. Investment potential awaits at 11001 Groveshire Dr., Texas City, TX 77591. Built in 2007, this two-story 6-bedroom, 2.5-bath property offers fantastic bones. The property is being sold in as-is condition as a short sale for a complete top-to-bottom renovation. While it needs cosmetic updates and some love, a strong foundation is set for upgrades. Already completed: an updated A/C system for the house, garage, and updated water heater. Energy-efficient double-paned windows are throughout the home. The property does require a full remodel from the roof down to the flooring. Multiple interior spaces are stripped to the subfloor or feature exposed wall studs, allowing investors a direct head start on repairs and customized finishes. The layout includes an open kitchen, a fireplace, multiple bedrooms, family room, and a substantial backyard with a large storage shed. The seller is currently considering the highest and best offers.

Investor Tools

$83,119Estimated Mortgage Balance
$241,011Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,945 /month
Positive
Cash Flow Estimate:
$648 /month

Interested in this property?

Christen S.J Myers

Executive Texas Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$324,130
2025
$33,520
$290,610
$324,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$324,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Unknown
$165,250
No
First
Jun 8, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,119
$241,011
74%
26%
$0/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.

Explore Texas Explore This Area
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: Texas City

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11001 Groveshire Dr | Property Details | No Agent List