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$249,900

1408 Scarborough Ln, Pasadena, TX, 77502

On MarketInfo
Beds4 Beds
Baths1 Bath
Baths1,369 Sq Ft
price_per_sqft$182.54 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
FlooringCarpet, Vinyl

Exterior

Lot Size8,751 sqft

Building Information

Year Built1953
Stories1
Garage Spaces1

Land Information

APN0780980080006
Lot Number6
SubdivisionSouthmore Plaza
Land UseResidential
Legal DescriptionLT 6 BLK 10 SOUTHMORE PLAZA SEC 3
Census Tract321900
Assessed Land Value$80,905
Assessed Improvement Value$86,764
Assessment Year2025

About this property

This adorable 4 bedroom home is nestled on a massive lot in the heart of Pasadena with quick access to 225 and other major freeways! This gorgeous home has been completely remodeled with new flooring, cabinets, countertops, fixtures, and fresh paint throughout. The stunning kitchen/dining/living room is perfect for relaxing or entertaining. AC and water heater replaced 2023, Roof replaced 2018. A short walk from school and all you need within minutes away. Schedule a showing today!

Investor Tools

$23,910Estimated Mortgage Balance
$169,090Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

D'Ann Fleming

JLA Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,102
$167,669
2025
$80,905
$86,764
$167,669
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,102
$167,669

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Investment Lending Assoc Inc
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$52,500
No
First
Feb 27, 2006
Mar 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$23,910
$169,090
87%
12%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
13.8%

City: Pasadena

1408 Scarborough Ln | Property Details | No Agent List