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$184,000

NAL Estimated Property Value

616 Shaver St, Pasadena, TX, 77506

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,320 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.12 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,900 sqft

Building Information

Year Built1938
Stories1

Land Information

APN0583380010021
Lot Number21
SubdivisionPark Brothers O/L Iii
Land UseResidential
Legal DescriptionLT 21 BLK A PARK BROTHERS O/L III
Census Tract322200
Assessed Land Value$55,888
Assessed Improvement Value$72,547
Assessment Year2025

About this property

Prime location for Residential or Commercial use! Versatile property located on a high-traffic main road offering excellent visibility for a business owner or investor. Zoned for both commercial and residential use. Features a automatic fully gated parking lot with capacity for up to 25 vehicles. The interior includes an updated full kitchen, spacious layout, and flexible floor plan suitable for office, retail, or residential living. Ideal for a live-work setup or business operation seeking maximum exposure. Conveniently located near major roads, shopping, and dining.

Investor Tools

Property Icon
$184,000
Estimated Property Value
$110,508Estimated Mortgage Balance
$73,492Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,104 /month
Positive
Cash Flow Estimate:
$368 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,321
$128,435
2025
$55,888
$72,547
$128,435
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,321
$128,435

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Fund I Llc
Commercial
$115,000
No
First
Mar 11, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,508
$68,492
38%
60%
$690/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$690/mo
+$1,032/mo
11.2%

City: Pasadena

616 Shaver St | Property Details | No Agent List