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$239,000

NAL Estimated Property Value

5915 Ray Dr, Pasadena, TX, 77505

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.54 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,299 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APN1126590000080
Lot Number80
SubdivisionCountry Briar
Land UseResidential
Legal DescriptionLT 80 BKL 4 COUNTRY BRIAR SEC 1
Census Tract342100
Assessed Land Value$57,267
Assessed Improvement Value$168,798
Assessment Year2025

About this property

Charming 3-bedroom, 2-bath home located on a quiet cul-de-sac in Pasadena, TX. This single-story brick house features an open living area with a fireplace, a spacious kitchen, and a fully fenced backyard. The attached garage offers convenient parking. Just two streets away from Fairmont Parkway, enjoy quick access to shopping, dining, and schools. Ideal for seeking comfort and convenience in a well-established neighborhood.

Investor Tools

Property Icon
$239,000
Estimated Property Value
$0Estimated Mortgage Balance
$239,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$152/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$623
$226,065
2025
$57,267
$168,798
$226,065
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$623
$226,065

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$228,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,860/mo
N/A
+$1,860/mo
9.3%

City: Pasadena