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$684,000

NAL Estimated Property Value

6530 Grovewood Ln, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,170 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$304.1 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,128 sqft

Building Information

Year Built1963
Stories1
Garage Spaces2

Land Information

APN0891380000008
Lot Number8
SubdivisionTimbergrove Manor
Land UseResidential
Legal DescriptionLT 8 BLK 49 TIMBERGROVE MANOR SEC 8
Census Tract511003
Assessed Land Value$421,520
Assessed Improvement Value$145,786
Assessment Year2025

About this property

Fantastic opportunity in Timbergrove ready for your personal touches! Spacious 3 bedroom, 2.5 bath home with a full size detached garage in a Prime Location. This home has a formal dining room, a home office space, kitchen with a breakfast nook, indoor laundry room with a half bathroom, and a large living room. All bedrooms are a generous size with large closets. Primary bedroom at the back of the house is oversized with a walk-in closet. Not in a flood zone and no add-on or rebuild restrictions in this section. Recent updates include roof, black frame windows, stainless steel appliances, gutters, and laminate wood floors. Gorgeous fenced backyard with plenty of space for a pool! A short walk to Jaycee Park offering lighted tennis/pickleball courts, a baseball field, playground, splash pad, and walking path. Zoned to Sinclair Elementary!

Investor Tools

Property Icon
$684,000
Estimated Property Value
$531,298Estimated Mortgage Balance
$152,702Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,104 /month
Positive
Cash Flow Estimate:
$1,368 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$947/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,949
$567,306
2025
$421,520
$145,786
$567,306
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,949
$567,306

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$540,000
No
First
Jun 25, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$531,298
$151,702
22%
78%
$3,238/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,238/mo
$-1,008/mo
3.9%

City: Houston

6530 Grovewood Ln | Property Details | No Agent List