Last 24 Hours
$221,000
NAL Estimated Property Value1603 Locust St, Pasadena, TX, 77502
Off Market
4 Beds
1 Bath
1,209 Sq Ft
$99.17 / sqft
Built in 1955Property Lead Type:
Off-Market ListDeal ListAbsentee Owner
Highlights
Interior
Bedrooms 4
Bathrooms Full 2
Heating Central
CoolingExterior
Lot Size7,200 sqft
Building Information
Year Built1955
Stories1
Land Information
APN0831440000010
Lot Number10
SubdivisionSouthmore Plaza
Land UseResidential
Legal DescriptionLT 10 BLK 16 SOUTHMORE PLAZA SEC 7
Census Tract321900
Assessed Land Value$79,200
Assessed Improvement Value$120,086
Assessment Year2025
About this property
Investor special! Fixer-upper home, investor or handyman special. Buy it to fixed live in it or as an investment to rent, flip or Airbnb!
Investor Tools
$221,000
Estimated Property Value
$214,115Estimated Mortgage Balance
$6,885Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,326 /month
Positive
Cash Flow Estimate:
$442 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,412
$199,286
2025
$79,200
$120,086
$199,286
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,412
$199,286
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$216,014
Yes
First
Nov 15, 2022
Dec 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,115
N/A
0%
97%
$1,371/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,371/mo
+$855/mo
12.1%
12.4%