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$644,000

6327 Grovewood Ln, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,650 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$393.94 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size8,838 sqft

Building Information

Year Built1955
Stories1
Garage Spaces2

Land Information

APN0812420000003
Lot Number3
SubdivisionTimbergrove Manor
Land UseResidential
Legal DescriptionLT 3 BLK 32 TIMBERGROVE MANOR SEC 6
Census Tract511004
Assessed Land Value$401,000
Assessed Improvement Value$206,000
Assessment Year2025

About this property

Experience modern luxury and structural integrity in this Timbergrove-area home. Meticulously renovated down to the studs in 2019-2020, this residence features a rare open-concept addition, including an expanded chef’s kitchen and functional mudroom. The kitchen is a showstopper, anchored by a 48” Wolf range top with double griddle, custom cabinetry, and quartz counters. Site-finished hardwoods flow throughout, leading to a spacious master suite with a curb less shower, elegant standing tub, and premium California Faucets fixtures. Mechanical peace of mind includes new PEX plumbing, full HVAC/ductwork replacement, a new electrical panel with buried lines, a new roof, and water heater. The exterior features a versatile flex building (office/gym), a 2024 7' privacy fence, and new Zoysia sod. Perfectly situated within walking distance to Sinclair Elementary and 11th Street Park. This home offers the rare combination of high-end finishes and a prime, walkable location.

Investor Tools

Property Icon
$644,000
Estimated Property Value
$327,600Estimated Mortgage Balance
$353,544Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,128/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,320
$607,000
2025
$401,000
$206,000
$607,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,320
$607,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$327,600
No
First
Jul 24, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,456
$353,544
54%
45%
$1,965/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$1,965/mo
+$265/mo
4.2%

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.

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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6327 Grovewood Ln | Property Details | No Agent List