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$308,000

NAL Estimated Property Value

5545 Evanston Ln, Pasadena, TX, 77505

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,842 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$161.51 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size2,400 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN1417530020009
Lot Number9
Land UseResidential
Legal DescriptionLT 9 BLK 2 PARKWAY TRAILS VILLAS AMEND
Census Tract343000
Assessed Land Value$69,300
Assessed Improvement Value$231,485
Assessment Year2025

About this property

STUNNING 3 bedroom, 2.5 bath two-story townhome in Parkway Trails Villas. Featuring an abundance of natural light, the main level boasts beautiful hard surface floors and open-concept living. The spacious living room offers plenty of room for relaxation and entertaining, while the open dining area flows seamlessly into a well-appointed kitchen equipped with Quartz countertops, ample cabinetry, a center island with seating, and a pantry, making it a dream for cooking and hosting alike. A convenient powder room is easily accessible. Upstairs, the primary suite serves as a private retreat with a spa-like bath and a large walk-in closet. An impressive game room, two additional guest bedrooms, a shared full bath, and a conveniently located laundry room complete the upper level. The 2-car garage provides sheltered parking and room for additional storage. With modern finishes and thoughtful design, this home offers comfort and convenience in a beautiful setting and prime location.

Investor Tools

Property Icon
$308,000
Estimated Property Value
$288,050Estimated Mortgage Balance
$19,950Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,848 /month
Positive
Cash Flow Estimate:
$616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
$1,300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,661
$300,785
2025
$69,300
$231,485
$300,785
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,661
$300,785

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$294,566
Yes
First
Feb 11, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,050
$13,950
4%
94%
$1,767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,860/mo
$3,067/mo
$-1,207/mo
7.2%

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.

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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: Pasadena

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5545 Evanston Ln | Property Details | No Agent List