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    Groves, TX
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    Groves, TX Senior Housing / Retirement Homes for Sale

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    Port Arthur, TX Port Neches, TX Orange, TX Nederland, TX Bridge City, TX Beaumont, TX Taylor Landing, TX Vidor, TX
    Corner Development Land Opportunity
    Updated: Apr 7
    Corner Development Land Opportunity

    5500 39th St, Groves, TX 77619

    $995,000
    Highly visible corner land parcel at the intersection of Hwy 73 and 39th Street
    Current zoning allows for multiple uses including retail, office, apartments, a senior living community, and an RV park
    Concept survey and current survey are available on file
    Existing structures hold no value
    Abatement testing has been completed, with demolition bids already in place
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    See hot listings in Groves

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Groves, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Assisted Living Facility with Office
    Assisted Living Facility with Office

    907 E Humbolt St, Fort Worth, TX 76104

    $489,999
    2,692 sqft

    Purpose-built care facility with bedrooms, multiple baths, kitchen, dining room, and administrative office.

    View details
    Assisted Living Facility on Corner Lot
    Assisted Living Facility on Corner Lot

    14-8416 Mesa Dr, Houston, TX 77013

    $249,000
    2,646 sqft 0.18 AC lot

    Former senior-living property with a flexible layout and multiple living spaces.

    View details
    14-Unit Apartment Building
    14-Unit Apartment Building

    8416 Mesa Drive, Houston, TX 77028

    $249,000
    2,646 sqft 0.18 AC lot

    Corner-lot property with a layout formerly used for senior living operations.

    View details
    Assisted Living Facility with Sprinklers
    Assisted Living Facility with Sprinklers

    907 E Humbolt Street, Fort Worth, TX 76104

    $489,999
    0.12 AC lot

    Under-construction residential-care property with bedrooms, multiple baths, kitchen, dining room, and administrative office space.

    View details

    Off-Market Properties in Groves, TX

    Consider similar Off-Market properties in Groves, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6230 Warren St
    HOMES (RETIRED, NURSING)

    6230 Warren St, Groves, TX 77619-4214

    Estimated value:
    $685,000
    21,000 sqft 4.78 AC lot
    View details
    4400 Gulf Ave
    HOMES (RETIRED, NURSING)

    4400 Gulf Ave, Groves, TX 77619-3717

    Estimated value:
    $850,000
    37,083 sqft 2.07 AC lot
    View details

    Groves, TX Senior Housing / Retirement Homes Market Trends and Statistics

    Explore 3 senior housing / retirement homes for sale in Groves, TX on our real estate platform.

    Sale prices for assisted living facilities in Groves, TX average $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 17K
    Population Growth (5Y) +8.0%
    Median Household Income $70,485
    College Educated 17.0%

    High-Yield Neighborhoods for Investment

    Identify Groves submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    77619 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.57%
    Property Tax per SF $43.63 per SF
    Tax Rate vs County Average 0.55 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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