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$276,000

NAL Estimated Property Value

8303 Royal Grove Ct, Houston, TX, 77083

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size5,825 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5035-02-007-0270-907
Lot Number27
SubdivisionMission Glen Sec 2
Land UseResidential
Legal DescriptionMISSION GLEN SEC 2, BLOCK 7, LOT 27
Census Tract672500
Assessed Land Value$32,500
Assessed Improvement Value$236,320
Assessment Year2025

About this property

Tremendous opportunity! This home has so much to offer and maximum flexibility to meet lots of needs! The garage was converted into a full apartment--so it could possibly be rented out to help save on your monthly costs, or it could be used for elderly parents, older children, or long term visitors. The possibilites are endless. This home also features a sunroom that was also converted to living space, and a separate She-Shed or Man Cave in the back. The main house has an additional 3 bedrooms and 2 bathrooms, making it a 4/3 including the apartment. There is a sizeable kitchen, and living area for the family to gather and enjoy connecting at the end of the day. Home is zoned to FBISD and is on the corner, and cul de sac so there is ample space for cars. AC is 4 yrs young. House never flooded. Don't delay-come see this Rare find while it's still available!

Investor Tools

Property Icon
$276,000
Estimated Property Value
$213,089Estimated Mortgage Balance
$62,911Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$469/month
$307/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,244
$268,820
2025
$32,500
$236,320
$268,820
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,244
$268,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midcountry Bank
Commercial
$217,910
No
First
Feb 28, 2025
Feb 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,089
$63,911
23%
77%
$1,307/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,614/mo
+$108/mo
7.5%

City: Houston

8303 Royal Grove Ct | Property Details | No Agent List