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$192,000

NAL Estimated Property Value

134 Gruss Dr, Houston, TX, 77060

Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths1,250 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.4 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Microwave, Dishwasher
FlooringTile, Wood

Exterior

Lot Size9,121 sqft

Building Information

Year Built1959
Stories1
Garage Spaces4

Land Information

APN0843450000004
Lot Number4
SubdivisionSouthbrook
Land UseResidential
Legal DescriptionLT 4 BLK 3 SOUTHBROOK
Census Tract240102
Assessed Land Value$43,258
Assessed Improvement Value$125,954
Assessment Year2025

About this property

Welcome to this beautifully renovated home, perfectly blending modern updates with classic character. Ideal for first-time homebuyers, or investors, this property offers endless possibilities. Step into the spacious combined living and dining area, designed to provide an open, airy feel for both relaxing and entertaining. The kitchen features new cabinets, and stunning granite countertops, offering both beauty and durability, making meal prep a breeze. The bathroom has been updated with matching granite surfaces, for a sophisticated touch. Outside, a detached garage awaits, ready for transformation. It can be easily converted into an in-law suite or an apartment, providing the perfect opportunity for extra rental income or a private living space for family members. This home is an incredible opportunity, whether you’re stepping into homeownership for the first time, looking for an investment property, or a combination of both. Don’t miss your chance to make it yours!

Investor Tools

Property Icon
$192,000
Estimated Property Value
$200,330Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,149
$169,212
2025
$43,258
$125,954
$169,212
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,149
$169,212

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Fha
$204,232
Yes
First
Apr 14, 2025
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,330
N/A
0%
104%
$1,225/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,225/mo
+$497/mo
10.8%

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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134 Gruss Dr | Property Details | No Agent List