$461,864
NAL Estimated Property Value2608 Cherry Ln, Pasadena, TX, 77502
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile
Exterior
Lot Size7,423 sqft
Building Information
Year Built2020
Garage Spaces2
Land Information
APN0980990000017
Lot Number17
SubdivisionParkview Manor
Land UseResidential
Legal DescriptionLT 17 BLK 25 PARKVIEW MANOR SEC 8
Census Tract323802
Assessed Land Value$60,142
Assessed Improvement Value$401,722
Assessment Year2025
About this property
Welcome home to your brand new construction by Ontiveros Construction LLC! No short cuts here when it comes to custom finishes! 100% fully bricked home with all the upgrades you can think of. Granite countertops all thru out! Custom self closing cabinets all thru out home. Custom tile all thru home even in your closets! Won't last!
Investor Tools
$461,864
Estimated Property Value
$248,806Estimated Mortgage Balance
$213,058Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,771 /month
Positive
Cash Flow Estimate:
$924 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,626
$461,864
2025
$60,142
$401,722
$461,864
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,626
$461,864
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$274,550
No
First
Jun 3, 2021
Jul 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,806
$213,058
46%
54%
$1,647/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,647/mo
+$75/mo
4.5%
