$85,000
2207 Norman St, Pasadena, TX, 77506
$110,500 ARV
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesGas Oven, Free-Standing Range, Gas Range
FlooringVinyl, Wood
Exterior
Lot Size6,495 sqft
Building Information
Year Built1951
Stories1
Land Information
APN0771310030022
Lot Number22
SubdivisionRed Bluff Terrace
Land UseResidential
Legal DescriptionLT 22 BLK 3 RED BLUFF TERRACE SEC 1
Census Tract322800
Assessed Land Value$57,471
Assessed Improvement Value$50,649
Assessment Year2025
About this property
FIX IT UP OR TEAR IT DOWN - THE CHOICE IS YOURS - DWELLING IS VERY POOR CONDITION - CASH SALE ONLY LOCKBOX IS ON THE DRIVEWAY GATE
Investor Tools
$0Estimated Mortgage Balance
$194,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$110,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,164 /month
Positive
Cash Flow Estimate:
$388 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$108,120
2025
$57,471
$50,649
$108,120
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$108,120
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$194,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
13.8%
