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Days96Days on Market
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$1,200

7818 Grove Ridge Dr, Houston, TX, 77061

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,122 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.07 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1972
Stories2

Land Information

APN1045650000003
SubdivisionGlenbrook T/H
Land UseResidential
Legal DescriptionUNIT 3 BLDG 15 1/151 INT COMM ELEMENT GLENBROOK T/H
Census Tract333100
Assessed Land Value$8,000
Assessed Improvement Value$66,046
Assessment Year2025

About this property

Wood flooring accent entry's foyer. Main level featuring open living, kitchen, and utility with tile flooring. All bedrooms upstairs. Minutes from Hobby Airport, Medical Center, Downtown Houston.

Investor Tools

$0Estimated Mortgage Balance
$81,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$486 /month
Positive
Cash Flow Estimate:
$162 /month

Interested in this property?

Jenny Trieu

Seeto Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,753
$74,046
2025
$8,000
$66,046
$74,046
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,753
$74,046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$81,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$440/mo
+$867/mo
19.4%

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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7818 Grove Ridge Dr | Property Details | No Agent List