$214,036
NAL Estimated Property Value1415 Southmore Avenue 1, Pasadena, TX, 77506
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesGas Oven, Gas Range, Dishwasher
FlooringTile
Exterior
Lot Size6,686 sqft
Building Information
Year Built1955
Land Information
APN0791130000031
Lot Number31
SubdivisionEastraven
Land UseResidential
Legal DescriptionLT 31 EASTRAVEN SEC 1
Census Tract323000
Assessed Land Value$59,337
Assessed Improvement Value$154,699
Assessment Year2025
About this property
This beautiful home is situated in the heart of Pasadena and has recently undergone updates. The updates include new windows, siding, flooring, insulation, updated bathroom, and fresh paint throughout. Additionally, the garage has been converted into a studio apartment with its own restroom. This home has everything you need and more. Schedule an appointment today to view the beauty of this wonderful home!
Investor Tools
$214,036
Estimated Property Value
$215,571Estimated Mortgage Balance
$214,036Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,392 /month
Positive
Cash Flow Estimate:
$464 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,347
$214,036
2025
$59,337
$154,699
$214,036
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,347
$214,036
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$222,888
Yes
First
Jul 24, 2024
Aug 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,571
N/A
0%
101%
$1,337/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,337/mo
+$889/mo
12.5%
