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$188,000

2601 Graves Ave, Groves, TX, 77619

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,615 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$55.11 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size8,102 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN033641-000-000100-00000
Lot Number1
SubdivisionKentwood Revised
Land UseResidential
Legal DescriptionKENTWOOD LT 1
Census Tract010500
Assessed Land Value$8,100
Assessed Improvement Value$142,180
Assessment Year2025

About this property

Newly updated home on large corner lot! Open living and kitchen concept which offers large rolling island and new gas range cooktop. Freshly painted and tons of natural light make this home feel bright and welcoming! Oversized bedrooms with one which could be used as a a flex space for home office or game room. New 2021: Roof, fence, hot water heater, gas range stove, 4 ton ac unit and lots more! Schedule your appointment today to see this charming home!

Investor Tools

Property Icon
$188,000
Estimated Property Value
$147,463Estimated Mortgage Balance
$54,364Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,128 /month
Positive
Cash Flow Estimate:
$376 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,629
$150,280
2025
$8,100
$142,180
$150,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,629
$150,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Fha
$147,463
Yes
First
Jun 18, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,636
$48,364
26%
71%
$885/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: Groves

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2601 Graves Ave | Property Details | No Agent List