$251,000
NAL Estimated Property Value514 Sealander St, Crosby, TX, 77532
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDouble Oven, Electric Oven, Electric Range, Dishwasher
FlooringCarpet
Exterior
Lot Size19,737 sqft
Building Information
Year Built1983
Garage Spaces2
Land Information
APN1053380000001
Lot Number1,2
SubdivisionNewport
Land UseResidential
Legal DescriptionLTS 1 & 2 BLK 27 NEWPORT SEC 1
Census Tract251902
Assessed Land Value$57,188
Assessed Improvement Value$185,715
Assessment Year2025
About this property
Welcome to the beautiful Newport Community in Crosby, TX. This 3 bedroom, 2 bath home sits on two lots for almost 1/2 an acre. Formal Dining Room, large family room with wood burning fireplace delivers exceptional space. Large Gameroom upstairs and over-sized 2 car garage has room for storage and a work bench. Appointments require 2 hour notice and home is being sold AS IS. Home is in need of repairs and it offers an ideal investment opportunity for the right buyer.
Investor Tools
$251,000
Estimated Property Value
$0Estimated Mortgage Balance
$251,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,506 /month
Positive
Cash Flow Estimate:
$502 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
$360/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,207
$242,903
2025
$57,188
$185,715
$242,903
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,207
$242,903
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$261,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$360/mo
+$1,362/mo
8.2%
