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$255,000

5535 Main Ave, Groves, TX, 77619

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,814 Sq Ft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,152 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN025400-000-000400-00000
Lot Number1
SubdivisionGroves Acre
Land UseResidential
Legal DescriptionLT 1 S75 FT OF N1/2 BLK 1 GROVES ACRES GROVES ACRES
Census Tract010400
Assessed Land Value$27,359
Assessed Improvement Value$139,766
Assessment Year2025

Investor Tools

$133,900Estimated Mortgage Balance
$101,100Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

TY FRENCH

RE/MAX ONE - NEDERLAND

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$260/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,946
$167,125
2025
$27,359
$139,766
$167,125
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,946
$167,125

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Neighborhood Mtg Acceptance Co
Va
$145,000
Yes
First
Aug 17, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,900
$101,100
43%
57%
$870/mo

City: Groves

5535 Main Ave | Property Details | No Agent List