Last 24 Hours
$177,000
1434 Mars Dr, Pasadena, TX, 77504
On Market
Just Added
3 Beds
2 Bath
1,168 Sq Ft
Single Family Residence
$151.54 / sqft
Built in 1978Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingExterior
Lot Size6,678 sqft
Building Information
Year Built1978
Stories1
Garage Spaces2
Land Information
APN1112260000056
Lot Number56
SubdivisionParkland Village
Land UseResidential
Legal DescriptionLT 56 BLK 1 PARKLAND VILLAGE SEC 5
Census Tract323602
Assessed Land Value$59,483
Assessed Improvement Value$154,166
Assessment Year2025
About this property
This three-bedroom, two-bath home presents a great value-add opportunity on a generously sized lot with a spacious backyard. Much of the needed updating is cosmetic, and the A/C is approximately six years old. The home is reported to be structurally sound. Please note that the plumbing is galvanized and one bathroom’s plumbing is currently not functioning. With no HOA, this property offers an appealing opportunity for an investor or buyer looking to update the home and build equity.
Investor Tools
$47,640Estimated Mortgage Balance
$182,360Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$280
$213,649
2025
$59,483
$154,166
$213,649
No
Tax History
Year
Tax Paid
Assessed Value
2024
$280
$213,649
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pnc Mortgage Llc
Conventional
$60,800
No
First
Aug 18, 2016
Sep 2031
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,640
$182,360
79%
21%
$365/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,740/mo
$365/mo
+$1,375/mo
9.1%
12.4%