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$137,000

6967 Washington St, Groves, TX, 77619

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths896 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.4 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size14,501 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN051600-000-060200-00000
Lot Number10
SubdivisionPecan Groves To Port Arthur
Land UseResidential
Legal DescriptionLTS 10 & 11 S1/2 BLK 26 PECAN GROVES
Census Tract010700
Assessed Land Value$42,485
Assessed Improvement Value$84,811
Assessment Year2025

About this property

Darling cottage in the heart of Groves (PNGISD) on a 100 x 145 lot. Walk inside to a mostly updated house meticulously cared for. Roomy eat-in kitchen with oven/range, dishwasher & refrigerator. Trendy open shelves, inside utility room (washer and dryer stays!!), 2ample sized bedrooms, and bath with walk-in shower. You'll love the location! Move-in ready!

Investor Tools

Property Icon
$137,000
Estimated Property Value
$105,450Estimated Mortgage Balance
$35,012Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$822 /month
Positive
Cash Flow Estimate:
$274 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,339
$127,296
2025
$42,485
$84,811
$127,296
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,339
$127,296

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fivepoint Cu
Conventional
$105,450
No
First
Jul 18, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,988
$41,012
28%
74%
$633/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.

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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6967 Washington St | Property Details | No Agent List