$237,000
NAL Estimated Property Value1116 Cherokee Dr, Pasadena, TX, 77506
$257,202 ARV
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesElectric Oven, Electric Range
FlooringCarpet, Tile
Exterior
Lot Size17,999 sqft
Building Information
Year Built1955
Stories1
Garage Spaces4
Land Information
APN0771450000052
Lot Number52
SubdivisionShadow Lawn
Land UseResidential
Legal DescriptionLT 52 SHADOW LAWN
Census Tract322000
Assessed Land Value$54,756
Assessed Improvement Value$182,244
Assessment Year2025
About this property
Spacious Home with almost 1/2 acre lot. Good floor plan. Needs TLC, but priced accordingly.
Investor Tools
$237,000
Estimated Property Value
$208,237Estimated Mortgage Balance
$28,763Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$257,202
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$305/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,470
$237,000
2025
$54,756
$182,244
$237,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,470
$237,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Conventional
$218,500
No
First
Oct 20, 2023
Nov 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,237
$28,763
12%
88%
$1,311/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,311/mo
+$411/mo
8.7%
