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B+
NoAgentList RatingHow are grades calculated? Info

$270,000

8040 Grow Ln, Houston, TX, 77040

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,770 Sq Ft
price_per_sqft$1.01 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Lot Size2,640 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1063300000094
Lot Number94
SubdivisionFawndale T/H
Land UseResidential
Legal DescriptionLT 94 BLK 2 FAWNDALE T/H SEC 1
Census Tract521702
Assessed Land Value$39,864
Assessed Improvement Value$170,950
Assessment Year2025

About this property

Welcome to this impeccably maintained 2-story home! With 3 bedrooms and 2 bathrooms, this spacious abode offers comfortable living in a prime location. All bedrooms are conveniently located upstairs, ensuring privacy and tranquility. The 2-car garage provides ample parking and storage space, while the open floor plan concept creates an inviting atmosphere. The kitchen is a highlight with its bright and white design, making meal preparation a breeze. Recent renovations include fresh new paint throughout the home, creating a clean and modern feel. The landlord takes great pride in maintaining this property, ensuring a worry-free living experience for tenants. Conveniently located near great restaurants and shopping centers.

Investor Tools

Property Icon
$270,000
Estimated Property Value
$0Estimated Mortgage Balance
$270,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$338/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,711
$210,814
2025
$39,864
$170,950
$210,814
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,711
$210,814

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$257,000
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
7.7%

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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8040 Grow Ln | Property Details | No Agent List