Investor special in the heart of Ponderosa Forest! This spacious 5-bedroom, 3.5-bath home at 1506 Grand Valley Drive offers over 3,300 sq ft of potential on a quiet cul-de-sac. With mostly cosmetic updates needed, this property is ideal for a landlord buyer seeking a solid buy-and-hold opportunity. Features include a large backyard, 3-car garage, and open floor plan"”perfect for long-term tenants. Surrounded by mature trees and no rear neighbors, it's a peaceful setting with strong rental appeal. With a little TLC, this home can shine again and deliver steady returns in a growing Houston market
Property Type(s):
Single Family
SCHOOLS
| School District |
48 - Spring |
| Elementary School |
PONDEROSA ELEMENTARY SCHOOL |
| Jr. High School |
EDWIN M WELLS MIDDLE SCHOOL |
| High School |
WESTFIELD HIGH SCHOOL |
Price History
|
Prior to Jun 25, '25
|
$342,000 |
| Jun 25, '25 - Today |
$337,000 |
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AREA |
13 |
| CONSTRUCTION |
Brick, Wood Siding |
| FIREPLACE |
Yes |
| GARAGE |
Yes |
| HEAT |
Central, Natural Gas |
| HOA DUES |
550|Annually |
| INTERIOR |
Breakfast Bar, Pantry |
| LOT |
10799 sq ft |
| LOT DESCRIPTION |
Corner Lot, Cul-De-Sac |
| PARKING |
Oversized, Attached |
| STORIES |
2 |
| STYLE |
Traditional |
| SUBDIVISION |
Ponderosa Forest Sec 04 |
| TAXES |
6941 |
Location
Listed with Realty Associates
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