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Owner Contacts

$209,718

NAL Estimated Property Value

151 Gruss Dr, Houston, TX, 77060

Off Market

4 Beds

3 Bath

1,349 Sq Ft

Single Family Residence

$155.66 / sqft

Built in 1959

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Gas Range, Dishwasher

FlooringCarpet, Wood, Vinyl

Exterior

Lot Size9,121 sqft

Building Information

Year Built1959

Stories1

Garage Spaces3

Land Information

APN0843440000011

Lot Number11

SubdivisionSouthbrook

Land UseResidential

Legal DescriptionLT 11 BLK 2 SOUTHBROOK

Census Tract240102

Assessed Land Value$43,258

Assessed Improvement Value$166,460

Assessment Year2025

About this property

Spacious and move-in ready home in quiet Southbrook subdivision. This home boasts 4-bedrooms, 3-full bathrooms, 2-car garage, 2-carport spaces, and double driveway. Oversized garage has full bathroom and can be converted to additional living space. Freshly applied paint interior and exterior. Original hardwood floors sanded and refinished with freshly applied wood stain coating. Kitchen has new vinyl plank flooring, granite countertops, stainless-steel appliances, and plenty of cabinet space. Big backyard is perfect for entertaining guests. House has new 30-yr roof along with recently repaired foundation with lifetime transferrable warranty. 1-year home warranty included at asking price. Home is close IAH airport and only 20-minutes to Downtown Houston. Come see this well priced home before it’s gone!

Investor Tools

$209,718

Estimated Property Value

$196,062Estimated Mortgage Balance

$13,656Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,260 /month

Positive

Cash Flow Estimate:

$420 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$218/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,573

$209,718

2025

$43,258

$166,460

$209,718

Tax History

Year

Tax Paid

Assessed Value

2024

$1,573

$209,718

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Zillow Home Loans Llc

Conventional

$203,700

First

Apr 17, 2024

May 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$196,062

$13,656

93%

$1,222/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$1,222/mo

+$1,004/mo

12.7%

Learn About the Market: Opportunity in Houston

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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.

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