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$65,000

NAL Estimated Property Value

1505 Ward Road 229, Baytown, TX, 77520

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths720 Sq Ft
price_per_sqft$90.28 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer

Building Information

Year Built1971
Stories1

Land Information

APN1143270190005
SubdivisionWalnut Ridge Condo
Land UseResidential
Legal DescriptionUNIT 229 BLDG T WALNUT RIDGE CONDO
Census Tract254000
Assessed Land Value$10,197
Assessed Improvement Value$43,474
Assessment Year2025

About this property

PRICE IMPROVEMENT! BIG price drop! Motivated seller! New paint throughout, washer, dryer and refrigerator stay with property, new dishwasher, ceiling fans in every room and a working fireplace, front and back porch. Reserved covered parking spot. All measurements approximate verify left up to buyer

Investor Tools

Property Icon
$65,000
Estimated Property Value
$0Estimated Mortgage Balance
$65,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$390 /month
Positive
Cash Flow Estimate:
$130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$57/month
$280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$363
$53,671
2025
$10,197
$43,474
$53,671
No

Tax History

Year
Tax Paid
Assessed Value
2024
$363
$53,671

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$65,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,095/mo
$280/mo
+$815/mo
20.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Baytown

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1505 Ward Road 229 | Property Details | No Agent List