$161,000
NAL Estimated Property Value502 Grantham Rd, Baytown, TX, 77521
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesElectric Range, Dishwasher, Oven, Refrigerator
FlooringTile, Vinyl
Exterior
Lot Size6,800 sqft
Building Information
Year Built1960
Stories1
Garage Spaces1
Land Information
APN0915670000036
Lot Number28,29
SubdivisionGlen Arbor
Land UseResidential
Legal DescriptionN 24 FT OF LT 28 & S 19 FT OF LT 29 BLK 8 GLEN ARBOR SEC 5
Census Tract253700
Assessed Land Value$36,426
Assessed Improvement Value$121,791
Assessment Year2025
About this property
This is an ideal home for first-time home buyers, featuring a recent roof installed in 2025. Additional improvements include updated flooring in the bedrooms, a walk-in shower, interior paint throughout, a replaced electrical panel, painted kitchen cabinets and recent countertops. The home is conveniently located near the grocery store and offers excellent access for anyone commuting. Foundation completed July 2025 by Allied Foundation with a transferable warranty.
Investor Tools
$161,000
Estimated Property Value
$133,336Estimated Mortgage Balance
$27,664Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$967
$158,217
2025
$36,426
$121,791
$158,217
No
Tax History
Year
Tax Paid
Assessed Value
2024
$967
$158,217
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Unknown
$134,310
No
First
Dec 22, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,336
$30,664
18%
83%
$806/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$806/mo
+$916/mo
12.8%
