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$285,000

502 Red Bud Ln, Baytown, TX, 77520

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,011 Sq Ft
price_per_sqft$141.72 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size12,402 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1021450000016
Lot Number16
SubdivisionLakewood
Land UseResidential
Legal DescriptionLT 16 BLK 71 LAKEWOOD SEC P
Census Tract253300
Assessed Land Value$45,548
Assessed Improvement Value$183,413
Assessment Year2025

About this property

2025 NEW ROOF!Welcome to 502 Redbud Lane in the sought-after Lakewood community, where timeless character meets thoughtful updates. This inviting home features soaring wood-crafted cathedral ceilings, a spacious kitchen with a breakfast area, and a formal dining room that can also serve as a home office. The split floor plan offers generously sized bedrooms, while the primary suite boasts a beautifully updated bath with a large walk-in shower and separate soaking tub. Recent upgrades include (new LVP flooring, new carpet in all bedrooms, fresh exterior paint, new A/C ductwork & climate-controlled garage with a split-unit system. Relax under the covered patio built in 2024 and enjoy the detached storage/workshop. The oversized lot offers room to entertain or park a boat or RV.Conveniently located near I-10, Spur 330, and TX-146. No mandatory HOA, with optional access to a neighborhood pool and private boat ramp to Burnet Bay. **Never flooded.**Schedule your private showing today!

Investor Tools

$209,725Estimated Mortgage Balance
$54,446Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Adam Bushnell

Texas Premier Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,462
$228,961
2025
$45,548
$183,413
$228,961
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,462
$228,961

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$227,950
No
First
Feb 22, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,725
$87,275
29%
80%
$1,367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,367/mo
+$859/mo
10.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Baytown

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502 Red Bud Ln | Property Details | No Agent List