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$277,000

NAL Estimated Property Value

12622 Grove Park Dr, Missouri City, TX, 77489

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,934 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.03 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size4,500 sqft

Building Information

Year Built1986
Garage Spaces1

Land Information

APN1163900080016
Lot Number16
SubdivisionFondren Grove
Land UseResidential
Legal DescriptionLT 16 BLK 8 FONDREN GROVE SEC 1A R/P
Census Tract440102
Assessed Land Value$58,500
Assessed Improvement Value$169,083
Assessment Year2025

About this property

Gorgeous 3 bed/2 bath (with a bonus room!) available in Missouri City! Soaring ceilings as soon as you walk in - living room has an eye-catching fireplace. Kitchen continues the modern look with contrasting cabinets along with plenty of storage space and stainless steel appliances. Primary bathroom has a double vanity sinks, a separate shower and soaking tub. Just wait until you see the backyard! PERFECT for entertaining your folks with a deck - and property is pet friendly! No Section 8/HUD.

Investor Tools

Property Icon
$277,000
Estimated Property Value
$190,167Estimated Mortgage Balance
$86,833Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,580
$227,583
2025
$58,500
$169,083
$227,583
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,580
$227,583

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Heritage Lending Inc
Conventional
$193,575
No
First
May 13, 2025
Jun 2065

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,167
$90,833
32%
69%
$1,161/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,161/mo
+$1,029/mo
9.5%

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: Missouri City

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12622 Grove Park Dr | Property Details | No Agent List