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$389,733

NAL Estimated Property Value

1508 Park Ln, Pasadena, TX, 77506

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,450 Sq Ft
price_per_sqft$159.07 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,560 sqft

Building Information

Year Built2023
Stories1
Garage Spaces4

Land Information

APN0710260200008
Lot Number8
SubdivisionPasadena Gardens
Land UseResidential
Legal DescriptionLT 8 BLK 20 PASADENA GARDENS
Census Tract322900
Assessed Land Value$75,567
Assessed Improvement Value$314,166
Assessment Year2025

About this property

Recently cleared lot ready for your new construction!! This property has mature trees and utilities are available. Close to major freeways and shopping.

Investor Tools

Property Icon
$389,733
Estimated Property Value
$96,251Estimated Mortgage Balance
$293,639Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,338 /month
Positive
Cash Flow Estimate:
$779 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,330
$389,733
2025
$75,567
$314,166
$389,733
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,330
$389,733

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$100,000
No
First
Mar 25, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,251
$293,482
75%
25%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$600/mo
+$1,122/mo
5.3%

City: Pasadena

1508 Park Ln | Property Details | No Agent List