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$222,000

NAL Estimated Property Value

709 Burke Rd, Pasadena, TX, 77506

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.24 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Free-Standing Range, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size7,039 sqft

Building Information

Year Built1953
Stories1
Garage Spaces1

Land Information

APN0771320230025
Lot Number25
SubdivisionRed Bluff Terrace
Land UseResidential
Legal DescriptionLT 25 BLK 20 RED BLUFF TERRACE SEC 3
Census Tract322800
Assessed Land Value$57,988
Assessed Improvement Value$143,650
Assessment Year2025

About this property

This newly remodeled property is ready for you to call it home. It has been completely remodeled boasting a new kitchen, new bathrooms new flooring, newly painted, new roof, recessed lighting, new windows, new ceiling fans, central air, newly painted exterior, and the list goes on. Room sizes are approximate.

Investor Tools

Property Icon
$222,000
Estimated Property Value
$103,435Estimated Mortgage Balance
$118,565Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$301/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,497
$201,638
2025
$57,988
$143,650
$201,638
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,497
$201,638

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stellar Bank
Commercial
$110,025
No
First
Feb 6, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,435
$107,565
50%
47%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$660/mo
+$1,062/mo
9.3%

City: Pasadena

709 Burke Rd | Property Details | No Agent List