$174,749
NAL Estimated Property Value1603 Alabama Street 5, Pasadena, TX, 77503
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances, Microwave, Electric Range
FlooringWood
Exterior
Lot Size1,350 sqft
Building Information
Year Built1974
Stories2
Garage Spaces1
Land Information
APN1042280000008
Lot Number8
SubdivisionBowling Green T/H
Land UseResidential
Legal DescriptionLT 8 BLK 5 BOWLING GREEN T/H
Census Tract342400
Assessed Land Value$35,100
Assessed Improvement Value$139,649
Assessment Year2025
About this property
Don't miss this opportunity! This beautiful renovated 3-bedroom, 2.5 bath townhome is ready for move in. Granite countertops, updated backsplash, travertine floors and engineered hardwood in the entire upstairs. The first floor has a 1/2 bath, kitchen, Den, Family room, and Utility room, with access to a covered patio. All bedrooms upstairs, Primary bedroom with its own bathroom with two generous sized additional bedrooms. Great location and easy access to the Beltway. Access to community pool, 2 private parking spaces.
Investor Tools
$174,749
Estimated Property Value
$191,370Estimated Mortgage Balance
$174,749Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
$280/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,776
$174,749
2025
$35,100
$139,649
$174,749
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,776
$174,749
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lima One Capital Llc
Commercial
$208,000
No
First
Feb 22, 2022
Mar 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,370
N/A
0%
110%
$1,248/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,528/mo
+$194/mo
11.8%
