$242,000
NAL Estimated Property Value1502 Ruella Ln, Pasadena, TX, 77502
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
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
$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
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%
