1Days on Market

4view

$279,900

4163 Griggs Rd, Houston, TX, 77021

On Market

Just Added

3 Beds

2 Bath

1,446 Sq Ft

Single Family Residence

$193.57 / sqft

Built in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher

FlooringCarpet, Engineered Wood, Tile

Exterior

Exterior FeaturesBack Green Space

Lot Size1,712 sqft

Building Information

Year Built2020

Garage Spaces1

Land Information

APN1414450010016

Lot Number16

Land UseResidential

Legal DescriptionLT 16 BLK 1 GRIGGS ROAD VILLAS

Census Tract313201

Assessed Land Value$60,860

Assessed Improvement Value$177,330

Assessment Year2025

About this property

GATED COMMUNITY, PRIVATE BACKYARD + NEW AC • Welcome to 4163 Griggs Rd, a recently built 3-bedroom, 2.5-bath home in a convenient central Houston location. Set within a gated community, the home features first-floor living and a private backyard, a combination that’s not always easy to find at this price point. A new AC system installed in 2026 adds a valuable recent upgrade. Enjoy quick access to the Texas Medical Center, University of Houston, Texas Southern University, Hermann Park, the Museum District, NRG, Downtown, Midtown, 288, 45, 610, OST, and Griggs. A strong option for buyers looking for recent construction, a functional 3-bedroom layout, and private outdoor space. Also great for investors seeking a potential rental property with appeal supported by proximity to major employment, education, medical, and entertainment hubs.

Investor Tools

$226,369Estimated Mortgage Balance

$36,631Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,679 /month

Positive

Cash Flow Estimate:

$560 /month

Interested in this property?

Jon Caballero

Happen Houston

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$397/month

$1,560/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,445

$238,190

2025

$60,860

$177,330

$238,190

Tax History

Year

Tax Paid

Assessed Value

2024

$3,445

$238,190

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Absolute Mortgage & Lending

Conventional

$251,750

First

May 14, 2021

Jun 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$226,369

$11,821

86%

$1,510/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$3,070/mo

$-1,348/mo

7.9%

Learn About the Market: Opportunity in Houston

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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.

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