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$84,000

NAL Estimated Property Value

7980 Grove Ridge Dr, Houston, TX, 77061

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,122 Sq Ft
price_per_sqft$80.21 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesFront Yard, Side Yard

Building Information

Year Built1972
Stories2

Land Information

APN1045510000001
SubdivisionGlenbrook T/H
Land UseResidential
Legal DescriptionUNIT 1 BLDG 1 1/151 INT COMM ELEMENT GLENBROOK T/H
Census Tract333100
Assessed Land Value$8,000
Assessed Improvement Value$71,581
Assessment Year2025

About this property

PRICE IMPROVED! Move in ready and beautifully updated, this fully remodeled townhouse offers outstanding VALUE! Recent upgrades include all new FLOORING, fresh interior designer-pallet PAINT, new APPLIANCES, solid-surface COUNTERTOPS, updated BLINDS, and new HVAC. The efficient layout features a welcoming ENTRY with HALF-BATH, spacious KITCHEN and a large LIVING ROOM/DEN, complemented by a private PATIO and a covered CARPORT. Upstairs are two large BEDROOMS oversized CLOSETS and a HALL BATH. Ample storage in the Living Room, Carport, Hall Bath, and Upstairs Hall. This is low-maintenance living and a price point rarely seen for this level of renovation. Don't miss this cost-effective opportunity that is perfect for first-time homebuyers, right-sizers, or investors seeking strong value in Houston's burgeoning southeast side.

Investor Tools

Property Icon
$84,000
Estimated Property Value
$0Estimated Mortgage Balance
$84,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$540 /month
Positive
Cash Flow Estimate:
$180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,827
$79,581
2025
$8,000
$71,581
$79,581
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,827
$79,581

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$89,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$440/mo
+$867/mo
18.7%

City: Houston

7980 Grove Ridge Dr | Property Details | No Agent List