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$220,000

NAL Estimated Property Value

2125 Walnut Ln, Pasadena, TX, 77502

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,329 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.24 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDisposal, Ice Maker, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer
FlooringTile

Exterior

Lot Size6,538 sqft

Building Information

Year Built1956
Stories1
Garage Spaces1

Land Information

APN0850440000013
Lot Number13
SubdivisionStrawberry Hills
Land UseResidential
Legal DescriptionLT 13 BLK 10 STRAWBERRY HILLS SEC 5
Census Tract323801
Assessed Land Value$55,590
Assessed Improvement Value$106,584
Assessment Year2025

About this property

Rental Property Ready for Move in. 3 Bedrooms 2 Full Bath. ALL APPLIANCES INCLUDED. Primary Bath has a full Shower, toilet and Sink. Property will be leased with Gas Stove, Microwave, 2 door Refrigerator, Dryer and Washer. Tile throughout for easy cleaning and maintenance. Property has Double Pane Windows, Electric Bills are very low in the summer and keeps house warm during winter. Property also has a covered Patio and great sized Backyard. Kitchen is opened to Dining Area, lots of cabinets and food storage with an additional Pantry. French Door also Double Pane Windows. Recent AC and Heater, you will not have any issues whatsoever. 2 Car Garage with Laundry Room and 2 additional Car Driveway. Pasadena Schools just minutes away, close to shopping and Grocery Store. Well Maintained Property Ready to be Leased. No section 8 Allowed, No Housing Voucher. Must submit full application with ID's to Apply.

Investor Tools

Property Icon
$220,000
Estimated Property Value
$101,302Estimated Mortgage Balance
$118,698Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$270/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,138
$162,174
2025
$55,590
$106,584
$162,174
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,138
$162,174

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Comerica Bank
Credit Line (Revolving) / Heloc
$112,000
No
First
May 28, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,302
$109,698
51%
46%
$672/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$672/mo
+$1,050/mo
9.4%

City: Pasadena

2125 Walnut Ln | Property Details | No Agent List