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$104,000

7813 Grove Ridge Dr, Houston, TX, 77061

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,512 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$0.79 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher

Building Information

Year Built1972
Stories2

Land Information

APN1045610000001
SubdivisionGlenbrook T/H
Land UseResidential
Legal DescriptionUNIT 1 BLDG 11 1/151 INT COMM ELEMENT GLENBROOK T/H
Census Tract333100
Assessed Land Value$8,000
Assessed Improvement Value$80,777
Assessment Year2025

About this property

Beautiful 2 story corner townhome in a quiet community with quick access to 45 Freeway and 610 Loop. Laminated wood floor in living area. Large kitchen w/ plenty of cabinets and counter space, washer, dryer and refreigator inlcuded. Several walk-in closets, 2 reserved parking carport and spacious patio area. 2 Large bedrooms upstair with jack and jill bath in between. Lot of storage space.

Investor Tools

Property Icon
$104,000
Estimated Property Value
$0Estimated Mortgage Balance
$104,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$624 /month
Positive
Cash Flow Estimate:
$208 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,925
$88,777
2025
$8,000
$80,777
$88,777
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,925
$88,777

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$103,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
15.1%

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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