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Days22Days on Market
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$1,650

7942 Grow Ln, Houston, TX, 77040

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,443 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.14 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Free-Standing Range, Refrigerator, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size2,640 sqft

Building Information

Year Built1979
Stories2
Garage Spaces1

Land Information

APN1063300000116
Lot Number116
SubdivisionFawndale T/H
Land UseResidential
Legal DescriptionLT 116 BLK 2 FAWNDALE T/H SEC 1
Census Tract521702
Assessed Land Value$39,864
Assessed Improvement Value$102,322
Assessment Year2025

About this property

REMODELING RIGHT NOW, all house new paint and replace carpet by laminate (very old pics posted). will add new ones) Updated 3 bedroom/2.5 bathrooms townhouse. Living area with wood floor. New Tile floor in kitchen & bathrooms + All bathrooms & plumbing have been updated. . High ceiling in master bedroom. Private patio area for BBQ, kids or pets. Very well conected and easy access to frwys 290/610/i-10/Bltwy8. Shopping Centers, zoned CyFair ISD.

Investor Tools

$0Estimated Mortgage Balance
$160,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

Interested in this property?

Roger Pallas-Nieto

Soluna Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,569
$142,186
2025
$39,864
$102,322
$142,186
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,569
$142,186

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$160,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
12.9%

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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