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$248,000

NAL Estimated Property Value

1608 Zapp Ln, Pasadena, TX, 77502

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,805 Sq Ft
price_per_sqft$102.49 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Electric Cooktop
FlooringTile, Wood, Vinyl

Exterior

Lot Size7,919 sqft

Building Information

Year Built1958
Stories1
Garage Spaces1

Land Information

APN0862020000021
Lot Number20,21
SubdivisionWilshire Park
Land UseResidential
Legal DescriptionLT 21 & N 1 FT OF LT 20 BLK 3 WILSHIRE PARK SEC 1
Census Tract323200
Assessed Land Value$55,539
Assessed Improvement Value$147,648
Assessment Year2025

About this property

Spacious 3 bedroom, 2 bath home in need of some TLC to make it your showplace *** original hardwood floors in front formal living & primary bedroom * luxury vinyl plank in entry, family room, kitchen, breakfast, hall & secondary bedrooms (original hardwoods under vinyl in hall & bedrooms) * large, open famliy room with woodburning fireplace flanked by picture windows looking out to backyard & covered patio * front formal living could also be used as formal dining room or home office * kitchen features original solid wood cabinetry, built-in electric cooktop & oven, pantry plus casual dining space * primary bedroom is large and features en suite bath with step in shower * secondary bedrooms are nice size * good closet space * hall bath with tub/shower combination * inside utility room * double-car attached garage with auto openers * roof 2021 * this home is priced to sell, don't miss your chance!

Investor Tools

Property Icon
$248,000
Estimated Property Value
$133,160Estimated Mortgage Balance
$114,840Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,488 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,671
$203,187
2025
$55,539
$147,648
$203,187
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,671
$203,187

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Shell Fcu
Credit Line (Revolving) / Heloc
$53,000
No
First
N/A
Jun 2017

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,160
$116,840
46%
54%
$870/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$870/mo
+$852/mo
8.3%

City: Pasadena

1608 Zapp Ln | Property Details | No Agent List