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Days38Days on Market
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$249,900

$259,900

11826 Grapewood Drive, Houston, TX, 77089

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,547 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.54 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,919 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1067180000003
Lot Number3
SubdivisionWood Meadow
Land UseResidential
Legal DescriptionLT 3 BLK 12 WOOD MEADOW SEC 1 2ND R/P
Census Tract350400
Assessed Land Value$44,235
Assessed Improvement Value$133,901
Assessment Year2025

About this property

This charming 3 Bedroom home boasts a spacious layout with updated features throughout. Freshly painted inside and out, updated fixtures and hardware. The open-concept kitchen is equipped with new stainless steel appliances and flows seamlessly into the living area, perfect for entertaining guests. The primary bedroom offers a relaxing retreat with an ensuite bathroom and ample closet space, all bedroom have new carpet. Enjoy the tranquil backyard, ideal for summer gatherings. Conveniently located near parks, shopping, and major highway. Don't miss out on this fantastic opportunity to own a beautiful home in a desirable neighborhood.

Investor Tools

Property Icon
$178,136
Estimated Property Value
$0Estimated Mortgage Balance
$69,275Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Nikola Knezevic

NB Elite Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$79/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$59
$178,136
2025
$44,235
$133,901
$178,136
No

Tax History

Year
Tax Paid
Assessed Value
2024
$59
$178,136

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Reverse Mortgage Of Texas
Reverse Mortgage / Hecm
$157,500
No
First
Jan 14, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,861
$69,275
38%
61%
$945/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$945/mo
+$845/mo
12.1%

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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11826 Grapewood Drive | Property Details | No Agent List