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$228,469

NAL Estimated Property Value

1114 Richey St, Pasadena, TX, 77506

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,616 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.14 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,196 sqft

Building Information

Year Built1953
Stories1
Garage Spaces1

Land Information

APN0741750040029
Lot Number29
SubdivisionSunset Terrace
Land UseResidential
Legal DescriptionLT 29 BLK 4 SUNSET TERRACE SEC 1
Census Tract321900
Assessed Land Value$79,200
Assessed Improvement Value$149,269
Assessment Year2025

About this property

PLEASE READ, OPEN HOUSE CANCELED.BACK ON THE MARKET!!Remodeled one story home Ready to move-in Residential or Business use. New floors, new carpet, new paint and appliances. Just minutes away from TX-225, Walking distance to schools, Restaurant. You also have a park behind the property very convenient to go for a walk or take the kids to play. Schedule your showing today!

Investor Tools

Property Icon
$228,469
Estimated Property Value
$204,482Estimated Mortgage Balance
$23,987Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,371 /month
Positive
Cash Flow Estimate:
$457 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,738
$228,469
2025
$79,200
$149,269
$228,469
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,738
$228,469

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keystone Funding Inc
Fha
$216,015
Yes
First
Jun 9, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,482
$23,987
10%
90%
$1,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,296/mo
+$426/mo
9.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Pasadena

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1114 Richey St | Property Details | No Agent List