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$357,372

7606 Terra Grove Dr, Houston, TX, 77083

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,035 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.9 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,319 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1500700020017
Lot Number17
Land UseResidential
Legal DescriptionLT 17 BLK 2 TERRA DEL SOL SEC 7
Census Tract452703
Assessed Land Value$66,114
Assessed Improvement Value$291,258
Assessment Year2025

About this property

Come home to the popular community of Terra Del Sol! Beautiful two-story Lockport II home design features 4 bedrooms, 3 baths and 2 car garage. The lovely, open kitchen has granite countertops and lowered bar top that open to the great room, perfect for additional seating and entertaining. Enjoy lovely maple shaker cabinets and ceramic tile details in the kitchen and all baths. Enjoy meal time at the cute dining area attached to the kitchen. A secondary bedroom and bath downstairs is convenient for guests. The 4th bedroom can also easily serve as a home office. The Owner's suite located on the second floor has a sloped ceiling and attached luxurious bath and walk-in closet. The spacious secondary bedrooms share a separate bath on the second floor. The utility room is conveniently located upstairs making it easier to put away laundry. The cozy covered patio is just the right size for a small grilling or storage area. Offered by: K. Hovnanian of Houston Terra Del Sol, LLC.

Investor Tools

Property Icon
$357,372
Estimated Property Value
$269,027Estimated Mortgage Balance
$117,390Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,144 /month
Positive
Cash Flow Estimate:
$715 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$389/month
$558/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,883
$357,372
2025
$66,114
$291,258
$357,372
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,883
$357,372

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
K Hovnanian American Mortgage Llc
Fha
$269,027
Yes
First
Oct 29, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,982
$117,390
32%
67%
$1,613/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,171/mo
+$55/mo
7.5%

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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7606 Terra Grove Dr | Property Details | No Agent List