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$255,551

NAL Estimated Property Value

1603 Burke Rd, Pasadena, TX, 77502

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,705 Sq Ft
price_per_sqft$140.7 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher

Exterior

Lot Size6,900 sqft

Building Information

Year Built1958
Stories1
Garage Spaces1

Land Information

APN0903450000005
Lot Number5
SubdivisionElmwood Terrace R/P
Land UseResidential
Legal DescriptionLT 5 BLK 2 ELMWOOD TERRACE R/P
Census Tract323200
Assessed Land Value$54,698
Assessed Improvement Value$200,853
Assessment Year2025

About this property

Beautifully remodeled home with a lot of upgrades, including NEW driveway, NEW AC condenser and coil; NEW exterior and interior paint; NEW vinyl and tile floor through out; NEW master bathroom with tempered glass shower door, amenities and wall tiles; NEW shared bathroom, NEW PEX piping for almost entire the house; NEW kitchen granite countertop, NEW stainless dish washer, NEW stove, NEW rangehood, NEW ceiling fans and lights, and NEW garbage disposer. NEW foundation repair was done with lifetime transferable warranty. NEW attic insulation will be added soon. This home also features an open floor plan and a big lot. It's easy to access major freeways. It's a MUST-SEE.

Investor Tools

Property Icon
$255,551
Estimated Property Value
$455,239Estimated Mortgage Balance
$255,551Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,533 /month
Positive
Cash Flow Estimate:
$511 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$358/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,018
$255,551
2025
$54,698
$200,853
$255,551
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,018
$255,551

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$239,089
Yes
First
Sep 20, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$455,239
N/A
0%
178%
$2,870/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,870/mo
$-644/mo
10.5%

City: Pasadena

1603 Burke Rd | Property Details | No Agent List