36Days on Market

1view

$380,000

$390,000

765 Grove St, Houston, TX, 77020

On Market

Price Drop

3 Beds

4 Bath

1,968 Sq Ft

Single Family Residence

$193.09 / sqft

Built in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size1,716 sqft

Building Information

Year Built2017

Garage Spaces2

Land Information

APN1379920010002

Lot Number2

Land UseResidential

Legal DescriptionLT 2 BLK 1 TRAILS ON NANCE STREET

Census Tract211400

Assessed Land Value$68,477

Assessed Improvement Value$317,750

Assessment Year2025

About this property

Beautiful 3-bedroom, 3.5-bath townhome offering approximately 1,968 square feet of living space in Houston's rapidly growing East End area. Built in 2017, this three-story home features an open-concept layout with a spacious kitchen, large center island, stainless steel appliances, and ample cabinet storage. Interior finishes include wood, tile, and carpet flooring, high ceilings, and a neutral color palette throughout. The primary suite offers a walk-in closet and ensuite bath with a walk-in shower. Additional highlights include an attached 2-car garage, central air and heat, and convenient access to Downtown Houston, major freeways, dining, entertainment, and neighborhood amenities. Located within Houston ISD.

Investor Tools

$386,227

Estimated Property Value

$327,006Estimated Mortgage Balance

$83,702Estimated Equity

15% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,317 /month

Positive

Cash Flow Estimate:

$772 /month

Interested in this property?

Michael O'Neal

Keller Williams Realty Northeast

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$634/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,682

$386,227

2025

$68,477

$317,750

$386,227

Tax History

Year

Tax Paid

Assessed Value

2024

$5,682

$386,227

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Highlands Residential Mortgage Ltd

Conventional

$327,006

First

Jul 28, 2022

Sep 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$302,525

$83,702

21%

78%

$1,961/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,961/mo

$-239/mo

5.4%

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.

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