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$303,000

NAL Estimated Property Value

1309 Potomac Ave, Pasadena, TX, 77502

$303,207 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,799 Sq Ft
price_per_sqft$91.1 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size8,878 sqft

Building Information

Year Built1965
Garage Spaces2

Land Information

APN0932610000005
Lot Number5
SubdivisionMount Vernon
Land UseResidential
Legal DescriptionLT 5 BLK 6 MOUNT VERNON SEC 1
Census Tract321600
Assessed Land Value$59,137
Assessed Improvement Value$229,897
Assessment Year2025

About this property

Checkout this Beautiful & Spacious Newly Renovated 4 Bedroom - 2 Bath that sits on a corner lot. Large covered patio and large backyard. This home has been completely renovated and is ready for a new owner. Located in the well established Mount Vernon subdivision. 2 Bedrooms downstairs and open floor plan that opens up the den to the Formal Living and Dining Rooms. Must see!! Call today to schedule your private viewing of the property.

Investor Tools

Property Icon
$303,000
Estimated Property Value
$200,742Estimated Mortgage Balance
$102,258Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$303,206
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,818 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,854
$289,034
2025
$59,137
$229,897
$289,034
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,854
$289,034

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$223,250
No
First
Feb 12, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,742
$103,258
33%
66%
$1,339/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,339/mo
+$887/mo
8.8%

City: Pasadena

1309 Potomac Ave | Property Details | No Agent List