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$199,900

5300 Main Ave, Groves, TX, 77619

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,246 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.43 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Dryer, Refrigerator, Microwave, Oven, Washer
FlooringCarpet, Tile

Exterior

Lot Size13,652 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN025450-000-004600-00000
SubdivisionGroves S. D.
Land UseResidential
Legal DescriptionTR 15 (105X130) BLK 21 THE GROVES SD THE GROVES SD
Census Tract010700
Assessed Land Value$40,131
Assessed Improvement Value$126,036
Assessment Year2025

About this property

Welcome to 5300 Main Ave in Groves! This charming 3-bedroom, 1.5-bath home offers approximately 1,246 square feet of living space and sits on a spacious lot. The property provides a great opportunity for buyers looking for a comfortable home with plenty of outdoor space and room to make it their own. Conveniently located in the heart of Groves. This property is worth a look!

Investor Tools

$127,031Estimated Mortgage Balance
$69,969Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

Interested in this property?

Danny Fuller

Fuller Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,451
$166,167
2025
$40,131
$126,036
$166,167
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,451
$166,167

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$142,405
No
First
Jan 28, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,031
$69,969
35%
64%
$854/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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