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$220,000

NAL Estimated Property Value

1408 South St, Pasadena, TX, 77503

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,848 Sq Ft
price_per_sqft$108.23 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size11,596 sqft

Building Information

Year Built1978
Stories2
Garage Spaces1

Land Information

APN0752350000093
Lot Number93,94
SubdivisionSatsuma Heights
Land UseResidential
Legal DescriptionLTS 93 & 94 SATSUMA HEIGHTS
Census Tract323100
Assessed Land Value$48,874
Assessed Improvement Value$154,394
Assessment Year2025

About this property

Fixer Upper / Investor Special / Lots of Potential Residence and shop need extensive repairs. Selling as is no repairs. Unique property that can be used as residential and/or small business. Property serves as a residence and run a shop / business in the same location. This was / is - a 4 bedroom 2 bath, 2 story home with an upholstery shop connected. Great for a small business owner. This property is Located in a high-traffic area for great customer access. The double lot offers endless possibilities for both residential and commercial development. Situated just minutes from major shopping centers, restaurants, and key highways, it’s perfect for your dream home or a profitable business venture. With easy access to Beltway 8, this property combines the convenience of urban living with the space to create something truly special. Don’t miss this rare opportunity to own a home/business in a rapidly growing area!

Investor Tools

Property Icon
$220,000
Estimated Property Value
$27,326Estimated Mortgage Balance
$192,674Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$179
$203,268
2025
$48,874
$154,394
$203,268
No

Tax History

Year
Tax Paid
Assessed Value
2024
$179
$203,268

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameriquest Mortgage Co
Stand Alone First / Home Equity First Lien
$60,000
No
First
Jan 20, 2006
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$27,326
$192,674
87%
12%
$360/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$360/mo
+$1,866/mo
12.1%

City: Pasadena

1408 South St | Property Details | No Agent List