Last 24 Hours
$470,000
408 Grace, Orange Grove, TX, 78372
$475,000 ARV
On Market
4 Beds
3 Bath
3,379 Sq Ft
Single Family Residence
$139.09 / sqft
Built in 1963Property Lead Type:
Must-SellAbsentee OwnerHigh Equity
About this property
Location-Location-Location ! Home sweet Home nestled in the heart of Orange Grove TX. This 4/3/2 and flex room has so much to offer. The location is minutes from all schools, the 140x240 ( 5 city Lots) offers lots of extra room for the fur babies. The solar panels bring down those high electric bills in the S TX heat. The Pool is ready for summer days and the back yard also features a court yard and BBQ area. The kitchen has been updated with stainless steel appliances, high end light fixtures ,and granite counter tops. There is ample parking, great porches, storge building, and a great shop off the detached two car garage.
Investor Tools
$212,352Estimated Mortgage Balance
$233,648Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$475,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$649/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,555
$306,464
2025
$38,850
$267,614
$306,464
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,555
$306,464
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$240,000
No
First
May 11, 2020
Jun 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,352
$233,648
52%
48%
$1,439/mo
12.4%