$268,000
1301 Olive St, Baytown, TX, 77520
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Oven
Exterior
Lot Size9,749 sqft
Building Information
Year Built1950
Stories1
Garage Spaces2
Land Information
APN0830540000001
Lot Number1
SubdivisionMilby Dale
Land UseResidential
Legal DescriptionLT 1 BLK 1 MILBY DALE SEC 4
Census Tract254000
Assessed Land Value$32,754
Assessed Improvement Value$182,184
Assessment Year2025
About this property
This spacious home on a corner lot available in Baytown Tx. 3/2/2 plus upstairs flex room could be 4th bedroom, game room, hobby room the possibilities are endless. Recent updates include inside and outside HVAC units replaced 2018, main sewer line from house to city replaced 2020, roof replaced w/ solar shingles 2021, main waterline from meter to house and main sewer line across back of house replaced summer 2025, water heater replaced 2026. Seller is in the process of moving out. Inside pictures coming soon. Bedroom sizes to be verifed by buyer.
Investor Tools
$115,476Estimated Mortgage Balance
$125,807Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$886
$214,938
2025
$32,754
$182,184
$214,938
No
Tax History
Year
Tax Paid
Assessed Value
2024
$886
$214,938
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$139,918
Yes
First
Nov 30, 2017
Dec 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$115,476
$122,524
51%
48%
$839/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$839/mo
+$883/mo
8.6%
