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$242,000

NAL Estimated Property Value

1502 Ruella Ln, Pasadena, TX, 77502

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,798 Sq Ft
price_per_sqft$111.11 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range
FlooringLaminate, Tile

Exterior

Lot Size8,499 sqft

Building Information

Year Built1959
Stories1
Garage Spaces4

Land Information

APN0903450000027
Lot Number27
SubdivisionElmwood Terrace R/P
Land UseResidential
Legal DescriptionLT 27 BLK 2 ELMWOOD TERRACE R/P
Census Tract323200
Assessed Land Value$56,018
Assessed Improvement Value$161,005
Assessment Year2025

About this property

Nice, Spacious Home with Family Room and approx. 22x22 Sunroom. Lots of storage area. Corner lot. Only two owners. Reinsulated with 18" insulation in 5/21. 40-gal. water heater. Windows recently replaced. Covered Patio. Parking for your boat. Conveniently located. NO FLOODING!

Investor Tools

Property Icon
$242,000
Estimated Property Value
$176,304Estimated Mortgage Balance
$65,696Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,109
$217,023
2025
$56,018
$161,005
$217,023
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,109
$217,023

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$193,431
Yes
First
Sep 1, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,304
$41,696
19%
73%
$1,160/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,160/mo
+$562/mo
8.5%

City: Pasadena

1502 Ruella Ln | Property Details | No Agent List