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$375,000

NAL Estimated Property Value

1502 Cherokee St, Deer Park, TX, 77536

$402,677 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,652 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.4 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,957 sqft

Building Information

Year Built1989
Garage Spaces3

Land Information

APN1167740040006
Lot Number6
SubdivisionRunningbrook
Land UseResidential
Legal DescriptionLT 6 BLK 4 RUNNINGBROOK SEC 2
Census Tract342802
Assessed Land Value$71,243
Assessed Improvement Value$296,475
Assessment Year2025

About this property

Excellent value in the desirable Runningbrook community in Deer Park ISD! This 2-story home with generously sized bedrooms features high ceilings, a home office, a formal dining, & a spacious island kitchen with a soaring ceiling that opens to the cozy den, plus an upstairs with a catwalk that overlooks the kitchen & front entry! The primary suite features French doors to a flex space that could be a home office, nursery, or 4th bedroom with hallway access, plus a SHOW-STOPPING master bath with a dramatic arched window above the jetted tub & dual sinks, vanities, & closets. You’ll enjoy summer BBQs on the expansive private 21'x15' covered patio, complete with ceiling fans for a cool breeze. The laundry room has a full-size tiled shower perfect for after boating or garage work showers. Updated include front windows(2019), roof(2020), & furnace(2021). Add your preferred paint & carpet to make it PERFECT! Bring your boat or trailer to this 2-car garage with 2-car porte-cochere & NO HOA!

Investor Tools

Property Icon
$375,000
Estimated Property Value
$296,254Estimated Mortgage Balance
$78,746Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$402,676
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$704/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,567
$367,718
2025
$71,243
$296,475
$367,718
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$6,567
$367,718

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jaebos Llc
Purchase Money Mortgage
$313,500
No
First
May 26, 2023
Jun 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,254
$76,746
20%
79%
$1,880/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,490/mo
$1,880/mo
+$610/mo
8.0%

City: Deer Park

1502 Cherokee St | Property Details | No Agent List