Last 24 Hours
$277,925
NAL Estimated Property Value311 Randall Street, Pasadena, TX, 77506
Off Market
Commercial
2 Beds
1 Bath
2,156 Sq Ft
$150.74 / sqft
Built in 1940Highlights
Interior
Bedrooms 2
Bathrooms Full 1Exterior
Lot Size6,251 sqft
Building Information
Year Built1940
Land Information
APN0282260000018
Lot Number18
SubdivisionPasadena Outlot 80
Land UseCommercial
Legal DescriptionLT 18 BLK 80 PASADENA OUTLOT 80
Census Tract324101
Assessed Land Value$62,500
Assessed Improvement Value$215,425
Assessment Year2025
About this property
Recently remodeled fourplex within walking distance to elementary, middle school and high school. 100 % occupied all on month to month leases. Unit #1 $855, Unit # 2 $875, Unit #3 $825, Unit # 4 $825. This is a great opportunity for an investor looking for a fully occupied multi-family or owner looking to house hack.
Investor Tools
$277,925
Estimated Property Value
$247,560Estimated Mortgage Balance
$30,365Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,783
$277,925
2025
$62,500
$215,425
$277,925
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,783
$277,925
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lre Investment Properties Llc
Stand Alone Second / Subordinate Position
$224,223
No
First
Jun 26, 2024
Apr 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,560
$30,365
10%
89%
$1,553/mo
12.4%