$295,000
NAL Estimated Property Value2603 Florence Ave Fl Orence, Pasadena, TX, 77502
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Dishwasher
Exterior
Lot Size7,209 sqft
Building Information
Year Built1965
Stories1
Garage Spaces2
Land Information
APN0954290000013
Lot Number13
SubdivisionMaurice R/P
Land UseResidential
Legal DescriptionLT 13 BLK 6 MAURICE R/P
Census Tract323200
Assessed Land Value$54,953
Assessed Improvement Value$190,333
Assessment Year2025
About this property
GREAT HOME WITH MANY NICE AND BRIGHT FEATURES INCLUDING: NEW ROOF 2019, SOLAR ATTIC FAN,NEW A/C 2017, PEX PIPES, RADIANT BARRIER IN ATTIC, DOUBLE PANE ENERGY EFFICIENT WINDOWS, NEW CABINETS, SEPARATE MINI SPLIT A/C FOR MASTER BEDROOM,FORMAL LIVING AND FORMAL DINING, BREAKFAST BAR, CERAMIC TILE THROUGHOUT, CEILING FANS, 2 CAR GARAGE WITH SHELVING & AMPLE STORAGE, BEDROOMS HAVE LARGE CLOSETS, MUD ROOM,NICE BACKYARD & STORAGE BLDG. CALL TODAY TO SEE THIS ONE!
Investor Tools
$295,000
Estimated Property Value
$300,955Estimated Mortgage Balance
$295,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,309
$245,286
2025
$54,953
$190,333
$245,286
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,309
$245,286
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$11,783
No
First
May 23, 2025
May 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,955
N/A
0%
102%
$1,838/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,838/mo
$-116/mo
7.0%
