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$450,485

5000 Augusta, Groves, TX, 77619

$461,450 ARVInfo
PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,505 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.83 / sqft

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesCooktop, Dishwasher, Gas Cooktop, Microwave, Oven
FlooringCarpet, Tile

Exterior

Lot Size8,668 sqft

Building Information

Garage Spaces2

Land Information

APN031297-000-003500-00000
Lot Number32
SubdivisionIndian Springs Ph Iii
Land UseOther / Unknown
Legal DescriptionLOT 32 BLK 3 INDIAN SPRINGS PH III .199AC
Census Tract010400
Assessed Land Value$16,960
Assessment Year2025

About this property

Looking for the perfect home in Groves? The Tytus floor plan by Cormier Homes is just what you're looking for! This stunning new construction is underway and is located in Indian Spring subdivision, a gated community. Boasting 4 spacious bedrooms, 3 bathrooms, and a large family room with a nice size breakfast/dining area, this home has everything you need for comfortable living. The 4th bedroom or bonus room upstairs is perfect for guests, with its own bathroom. In the living areas, you'll enjoy the beauty and durability of wood-look tile, along with nice granite countertops, a gas cooktop with a separate microwave and oven, a custom vent hood, a breakfast bar island with lawyer block finish, a walk-in pantry, and a mud area. The primary bathroom is a true oasis, with 2 vanities featuring a knee space area, a walk-in tile shower, a separate tub, and a large closet. The backyard is going to be completely fenced. Estimated completion October 2026.

Investor Tools

$0Estimated Mortgage Balance
$331,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$461,449
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,703 /month
Positive
Cash Flow Estimate:
$901 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$309
$14,783
2025
$16,960
N/A
$16,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$309
$14,783

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$331,000
100%
0%
$0/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.

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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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5000 Augusta | Property Details | No Agent List