$155,121
NAL Estimated Property Value2509 Thomas Ave, Pasadena, TX, 77506
Recently Sold
7/31/26
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Oven, Gas Cooktop
FlooringCarpet, Laminate, Wood
Exterior
Lot Size6,321 sqft
Building Information
Year Built1955
Stories1
Garage Spaces3
Land Information
APN0805180000039
Lot Number39
SubdivisionRed Bluff Terrace
Land UseResidential
Legal DescriptionLT 39 BLK 39 RED BLUFF TERRACE SEC 5
Census Tract322800
Assessed Land Value$57,306
Assessed Improvement Value$97,815
Assessment Year2025
About this property
Here is another great opportunity for investors looking to add to their portfolio or buyer looking to create a masterpiece on their own canvas. Located in the established Red Bluff Terrace neighborhood, this property offers strong potential and long-term value. The home does need repairs and updates, and is being sold “As Is” as the seller will make no repairs. With the right improvements, this property value can increase easily and become a great residence or investment opportunity. This one will not last long.
Investor Tools
$155,121
Estimated Property Value
$73,858Estimated Mortgage Balance
$81,518Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$931 /month
Positive
Cash Flow Estimate:
$310 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$71/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$72
$155,121
2025
$57,306
$97,815
$155,121
No
Tax History
Year
Tax Paid
Assessed Value
2024
$72
$155,121
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Maria Julia Villavicencio Eux
N/A
$105,000
N/A
First
Jun 4, 2013
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,858
$81,263
52%
48%
$630/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$630/mo
+$1,092/mo
13.3%
