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$385,000

NAL Estimated Property Value

3107 Grove Terrace Drive, Houston, TX, 77345

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,593 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.91 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size8,520 sqft

Building Information

Year Built1981
Stories2
Garage Spaces2

Land Information

APN1147350180018
Lot Number18
SubdivisionGreentree Village
Land UseResidential
Legal DescriptionLT 18 BLK 18 GREENTREE VILLAGE SEC 2
Census Tract251505
Assessed Land Value$69,523
Assessed Improvement Value$267,990
Assessment Year2025

About this property

Welcome to this fantastic listing in Greentree Village! This spacious property offers ample living space with 4 bedrooms, 2.5 bathrooms, and a total of 2,593 square feet. The AC unit is only 2 years old and a new breaker box has been installed. While it may require some upgrades, this home presents an incredible opportunity for you to create your dream living space. Kingwood is known for its picturesque surroundings, vibrant community, and excellent amenities. Take advantage of the nearby parks, walking trails, and recreational facilities, allowing you to embrace an active lifestyle while enjoying the beauty of nature. This property is conveniently located near shopping centers, dining options, and entertainment venues, ensuring that you have everything you need within easy reach. The proximity to major transportation routes provides quick and convenient access to other parts of the city, making commuting a breeze. Call for to schedule your showing today!

Investor Tools

Property Icon
$385,000
Estimated Property Value
$380,840Estimated Mortgage Balance
$4,160Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
$417/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,337
$337,513
2025
$69,523
$267,990
$337,513
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,337
$337,513

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Preferred Home Lending Llc
Va
$398,282
Yes
First
Dec 21, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$380,840
$4,160
1%
99%
$2,388/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$2,805/mo
+$325/mo
9.8%

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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3107 Grove Terrace Drive | Property Details | No Agent List