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$656,735

NAL Estimated Property Value

6539 Grovewood Lane, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,761 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$298.13 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size8,316 sqft

Building Information

Year Built1968
Stories1
Garage Spaces2

Land Information

APN0891390000026
Lot Number26
SubdivisionTimbergrove Manor
Land UseResidential
Legal DescriptionLT 26 BLK 50 TIMBERGROVE MANOR SEC 8
Census Tract511003
Assessed Land Value$426,690
Assessed Improvement Value$230,045
Assessment Year2025

About this property

Welcome Home to 6539 Grovewood Lane in the highly desirable neighborhood of Timbergrove. This beautiful home has an efficiently laid out floor plan, offering 3 generous sized bedrooms, a multi-purpose room which can be used for a home office, playroom, or whatever you may desire, and a kitchen which opens to the dining room, overlooking the living room. The backyard provides an oasis with a covered patio, security fence, a beautiful, large pool, and plenty of room to enjoy spending time outdoors. Enjoy a stroll to the amazing neighborhood park or enjoy walking/biking on the sidewalks around the neighborhood. Sinclair Elementary School is in walking distance. Close to downtown Houston, minutes from 610, I-10, and I-45, and close to shopping, dining, and entertainment. Don't miss the opportunity to own this charming home! Home has never flooded per Seller. A lot of updates and improvements have been made to the home over the years!

Investor Tools

Property Icon
$656,735
Estimated Property Value
$0Estimated Mortgage Balance
$656,735Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,940 /month
Positive
Cash Flow Estimate:
$1,313 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,802
$656,735
2025
$426,690
$230,045
$656,735
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,802
$656,735

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$656,735
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
N/A
+$2,230/mo
4.1%

Learn About the Market: Opportunity in Houston

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Explore

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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6539 Grovewood Lane | Property Details | No Agent List