1307 Townhouse Ln

Pasadena, Texas, 77502

Redeemable DeedcancelledSells Aug 4, 2026 · 67 days ago

View on map ↗

SqFt: 5,728
Lot Size: 235,790
Year Built: 1962
APN: 1215250010001

Property Type: Other
Distressed: No
Vacant: No
Owner Type: Company
Owner Status: Absentee (In State)
Length of Ownership: 3 Months
Purchase Method: Cash Purchase
County: Harris

Value

Estimated Value: $1,182,895
County Market Value: $1,182,895; 2024
Assessed Value: $1,182,895; 2025

Mortgage & Debt

Open Mortgages: 0
Estimated Balance: $0
Lien Flags: None recorded; RealEstateAPI flags · not a lien search
Tax Delinquent Since: 2002

Last Sale

Document Type: Public Action

Opportunity

Opening Bid: $500,000
Bid / Value: 42%; of $1,182,895
Property Tax 2024: $14,648; annual bill · not the amount owed
Equity (est.): $1,182,895; 100%
Linked Properties: 317

Opening bid

$500,000

Assessed value

$1,182,895

Land $1,178,950Improvement $3,945

Market / AVM

$1,182,895

Property tax 2024

$14,648

Annual bill — the sale list gives no amount owed

Case number 202030881

Property facts enriched via realestateapi · 8/25/2026

Ownership Information

Owner 1 Name: Harris County
Owner 2 Name: Harris County Department Of Education
Mailing Address: 1001 Preston St, Houston, TX 77002
Owner Type: Company
Corporate Owned: Yes

Property Characteristics

Basement

Deal analysis

Sale Date	Recorded	Document	Doc #	Arm's Length	Method	Buyer	Seller
04/07/2026	05/04/2026	Public Action	2026-172311	Yes	Cash Purchase	Harris County, Harris County Department Of Education	J Karam 10 Inc, Pasadena Zo Independent School District
01/19/1998	01/20/1998	Warranty Deed	S823147	Yes	Cash Purchase	Helen B Hinds, Stephen G Sharp	Dilco Re Llc

Your maximum bid

$717,175

Walk away above this. Projected profit at the ceiling: $354,869 (30% of ARV).

Opening bid $500,000

Room to bid $217,175

Confidence: medium — ARV from a provider market estimate, not comps.

History-guided suggestion

$558,183

Under max by $158,992

≤ oracle maxBid

Co-pilot target using recorded auction history. Never above your maximum bid.

History sample

—

Median sold

—

p(redeem) prior

—

No historical bucket for TX|Redeemable Deed; suggestion uses oracle only.

Your assumptions

After-repair value (ARV)

Override the derived estimate with real comps

Rehab budget

You cannot inspect before bidding — budget for the worst plausible condition

Known surviving liens

Municipal code enforcement, special assessments, federal tax liens

Target margin — 30%

Required profit as a share of ARV. 30% is a common floor for tax-sale flips.

How that number is built

Provider market estimate of $1,182,895. This is an as-is valuation, not an after-repair one — enter your own comparable-sales figure if the property needs work.

After-repair value: $1,182,895
Selling costs on exitassumed 8.0% of ARV — agent commission plus seller-side closing.: −$94,632
Rehabassumed No rehab budget entered — assumed $0. Tax-sale parcels are sold unseen and un-inspected; this is rarely correct.: −$0
Quiet title (required)assumed Midpoint of the typical TX range ($1,800–$5,000, ~5 months).: −$3,400
Deed recording and transferassumed Typical TX recording and deed issuance cost.: −$400
Holding costs (7 months)assumed Taxes, insurance, and securing the property at ~$1,774/month.: −$12,420
Surviving liensassumed Assumed $0 — not verified. Municipal code-enforcement liens, special assessments, and federal tax liens can survive the sale.: −$0
Target profit (30% of ARV): −$354,869
Maximum bid: $717,175

If the owner redeems

Flat penalty

25%

You'd receive

$179,294

Window

730 days

A 25% flat penalty applies if the owner redeems. It is a penalty, not annual interest — the rate does not change with how early they redeem.

homestead and agricultural-use property (2 years); all other property is 180 days

Quoted elsewhere as 51% annualised — true only if they redeem on the last possible day and you immediately redeploy the capital. Treat the flat penalty as the real number.

Before you bid

Rehab is assumed to be $0. You cannot inspect these properties before bidding — budget for the worst plausible condition.
Surviving liens assumed $0. The 180-day vs 2-year window turns on the property's use at the time of sale, which the sale list does not state — treat any homestead-looking residential parcel as potentially 2-year.

1307 Townhouse Ln

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

1307 Townhouse Ln

Value

Mortgage & Debt

Last Sale

Opportunity

Ownership Information

Property Characteristics

Building Size

Land/Location Information

Legal Description

Tax Assessment Information

Last Arm's Length Sale Information

Recording Information

Buyer/Seller Information

Distress Flags

Area

Fair Market Rents

Tax Assessment Information

Sale History

County records

Harris County rules

Historical comps

Verify before you bid