$119,900
7815 Grove Ridge Dr, Houston, TX, 77061
On Market
Property Lead Type:
Must-SellDeal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Building Information
Year Built1972
Stories2
Land Information
APN1045610000002
SubdivisionGlenbrook T/H
Land UseResidential
Legal DescriptionUNIT 2 BLDG 11 1/151 INT COMM ELEMENT GLENBROOK T/H
Census Tract333100
Assessed Land Value$8,000
Assessed Improvement Value$98,709
Assessment Year2025
About this property
Welcome to this charming 3 Bed 2 1/2 Bath Patio Home conveniently located in historic Glenbrook Valley neighborhood. Recently updated with new carpet on the second floor, new wood-look vinyl flooring throughout the entire first level, fresh paint in all areas, new Stainless-Steel appliances and security cameras included. This home also features ample storage space and large walk-in closets. Ideally located just outside the 610 Loop, this is a wonderful opportunity to own a beautifully updated home with easy access to everything Houston has to offer.
Investor Tools
$0Estimated Mortgage Balance
$106,709Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$719 /month
Positive
Cash Flow Estimate:
$240 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
$490/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,071
$106,709
2025
$8,000
$98,709
$106,709
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,071
$106,709
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$106,709
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$490/mo
+$1,232/mo
19.4%
