$374,900
505 Llano St, Pasadena, TX, 77504
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Oven, Gas Range, Exhaust Fan
FlooringTile, Wood
Exterior
Lot Size41,556 sqft
Building Information
Year Built1950
Stories1
Garage Spaces3
Land Information
APN0610870030240
Lot Number240
SubdivisionAlta Vista Acres
Land UseResidential
Legal DescriptionTR 240A S 189 FT OF LT 240 ALTA VISTA ACRES SEC 3
Census Tract323500
Assessed Land Value$192,427
Assessed Improvement Value$55,573
Assessment Year2025
About this property
Great property, great location and rare find. 4 Bedrooms ( 2 master suites ) and 3 Bathrooms with a detached garage and a Carport. House may need foundation leveling and some make over.
Investor Tools
$217,816Estimated Mortgage Balance
$170,184Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,154
$248,000
2025
$192,427
$55,573
$248,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,154
$248,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Joseph R Fletcher Etal
Seller Carryback / Seller Financing / Seller Take-Back
$247,500
No
First
Mar 23, 2012
May 2027
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,816
$170,184
43%
56%
$1,910/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,740/mo
$1,910/mo
$-170/mo
5.4%
