$1,500
7818 Grove Ridge Dr, Houston, TX, 77061
On Market
Property Lead Type:
BankruptcyMust-SellAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
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
Great space bright and clean. Ready for move in.
Investor Tools
$0Estimated Mortgage Balance
$44,089Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$444 /month
Positive
Cash Flow Estimate:
$148 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/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
21.2%
