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$161,000

NAL Estimated Property Value

502 Grantham Rd, Baytown, TX, 77521

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,352 Sq Ft
price_per_sqft$125.74 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$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

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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%

City: Baytown