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
For sale
Price cut: $12K (8/4)
$325,000
1506 Grand Valley Dr, Houston, TX 77090
5beds
3,348sqft
Est.:
Single Family Residence
Built in 1970
10,798.52 Square Feet Lot
$336,900 Zestimate®
$97/sqft
$46/mo HOA
What's special
- 52 days
- on Zillow |
- 167 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 10:40am
Listed by:
Adnan Malik TREC #0583409 713-299-0378,
Realty Associates
Source: HAR,MLS#: 79455653

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Primary bathroom
- Features: Half Bath
Kitchen
- Features: Breakfast Bar, Walk-in Pantry
Heating
- Natural Gas
Cooling
- Electric
Features
- En-Suite Bath, Primary Bed - 1st Floor
- Number of fireplaces: 1
Interior area
- Total structure area: 3,348
- Total interior livable area: 3,348 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Oversized
- Attached garage spaces: 3
Features
- Stories: 2
Lot
- Size: 10,798.52 Square Feet
- Features: Corner Lot, Cul-De-Sac, 0 Up To 1/4 Acre
Details
- Parcel number: 1031420000012
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Water: Water District
Community & HOA
Community
- Subdivision: Ponderosa Forest Sec 04
HOA
- Has HOA: Yes
- HOA fee: $550 annually
Location
- Region: Houston
Financial & listing details
- Price per square foot: $97/sqft
- Tax assessed value: $314,459
- Annual tax amount: $6,941
- Date on market: 6/16/2025
- Listing terms: Cash,Conventional,FHA,Investor
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