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Owner Contacts

$174,000

7910 Grow Ln, Houston, TX, 77040

Off Market

3 Beds

3 Bath

1,512 Sq Ft

Condos / Townhouses

$89.29 / sqft

Built in 1979

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher, Washer/Dryer

FlooringCarpet

Exterior

Lot Size2,640 sqft

Building Information

Year Built1979

Stories2

Garage Spaces1

Land Information

APN1063300000132

Lot Number132

SubdivisionFawndale T/H

Land UseResidential

Legal DescriptionLT 132 BLK 2 FAWNDALE T/H SEC 1

Census Tract521702

Assessed Land Value$39,864

Assessed Improvement Value$123,331

Assessment Year2025

About this property

Updated two-story townhome in a gated community boasts fresh paint throughout, new wood-type flooring downstairs, and an open floor plan great for entertaining! The 1st floor offers a spacious living area with a brick fireplace, a half bath, dining area, and a bright kitchen with updated stainless steel appliances, crisp white cabinets, and tile counters/backsplash. All bedrooms are upstairs including the master suite with a vaulted ceiling, and both full bathrooms have tile surround. Enjoy the fenced backyard with a patio, a modest pet-friendly green space, storage shed, and gate access to the carport parking spaces!

Investor Tools

$174,000

Estimated Property Value

$121,500Estimated Mortgage Balance

$65,617Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,044 /month

Positive

Cash Flow Estimate:

$348 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$237/month

$198/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,975

$163,195

2025

$39,864

$123,331

$163,195

Tax History

Year

Tax Paid

Assessed Value

2024

$1,975

$163,195

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Southwest Funding Lp

Conventional

$121,500

First

Oct 21, 2020

Nov 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$108,383

$66,617

38%

62%

$729/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$927/mo

+$795/mo

11.9%

Learn About the Market: Opportunity in Houston

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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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