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$251,000

NAL Estimated Property Value

1202 Gamma Street, Pasadena, TX, 77504

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,643 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.99 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven, Refrigerator
FlooringTile

Exterior

Lot Size6,900 sqft

Building Information

Year Built1973

Land Information

APN1032940000023
Lot Number23
SubdivisionParkland Village
Land UseResidential
Legal DescriptionLT 23 BLK 3 PARKLAND VILLAGE SEC 2 R/P
Census Tract323602
Assessed Land Value$60,638
Assessed Improvement Value$158,678
Assessment Year2025

About this property

Adorable home is situated on a nice corner lot. It is one of the largest homes and lots in the subdivision. Home has tile throughout living areas; carpet in bedrooms. Garage was converted to an extra room that would make a nice game room or additional living area. Newly tiled shower with rain shower head. The HVAC system was replaced in 2019 with a 4 ton unit. Thermostat and living room fan have wifi accessibility. Refrigerator and Vivint cameras stay! Home is less than a mile away from the Burke/Crenshaw Park that is 100 acres with stocked lake, trails, playground, exercise stations, picnic and more. Don't miss out on this starter home or investment.

Investor Tools

Property Icon
$251,000
Estimated Property Value
$191,852Estimated Mortgage Balance
$59,148Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,506 /month
Positive
Cash Flow Estimate:
$502 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,163
$219,316
2025
$60,638
$158,678
$219,316
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,163
$219,316

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$206,625
No
First
Jul 14, 2022
Aug 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,852
$59,148
23%
76%
$1,239/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,239/mo
+$483/mo
8.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Pasadena

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1202 Gamma Street | Property Details | No Agent List