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$232,000

NAL Estimated Property Value

622 Gresham St, Baytown, TX, 77520

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths924 Sq Ft
ApartmentApartment
price_per_sqft$0.65 / sqft
Year BuiltBuilt in 1951

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating

Exterior

Lot Size5,998 sqft

Building Information

Year Built1951
Garage Spaces1

Land Information

APN0631150070013
Lot Number13
SubdivisionMorrell Park
Land UseResidential
Legal DescriptionLT 13 BLK 7 MORRELL PARK SEC 1
Census Tract254300
Assessed Land Value$48,000
Assessed Improvement Value$118,740
Assessment Year2025

About this property

Updated one bedroom, one bathroom, 1st floor unit in the heart of Baytown ready for move-in. New paint throughout. Full kitchen with refrigerator. Make an appointment to view now. See rental requirements attached to the listing.

Investor Tools

Property Icon
$232,000
Estimated Property Value
$183,938Estimated Mortgage Balance
$48,062Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,392 /month
Positive
Cash Flow Estimate:
$464 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$959
$166,740
2025
$48,000
$118,740
$166,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$959
$166,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dominion Financial Services Llc
Commercial
$196,000
No
First
Jan 18, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,938
$60,062
24%
79%
$1,176/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,176/mo
+$131/mo
6.8%

City: Baytown

622 Gresham St | Property Details | No Agent List