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$194,990

1418 Harrop Ave, Pasadena, TX, 77506

PendingInfo
Beds3 Beds
Baths2 Bath
Baths865 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.42 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesGas Cooktop, Gas Range, Oven
FlooringLaminate, Tile

Exterior

Lot Size7,562 sqft

Building Information

Year Built1948
Stories1
Garage Spaces1

Land Information

APN0741030030026
Lot Number26
SubdivisionRevelon Terrace
Land UseResidential
Legal DescriptionLT 26 BLK 3 REVELON TERRACE
Census Tract322900
Assessed Land Value$74,417
Assessed Improvement Value$124,577
Assessment Year2025

About this property

Welcome to this charming 3-4 bed, 1-2 bath Pasadena home with a spacious backyard, ideal for family gatherings. Recent updates include fresh paint, new granite countertops, and a newly repaired foundation. The property also offers a new circle driveway, and a converted one-car garage into a 1 bed, 1 bath apartment. Ample parking space for contractors with company vehicles, cars, trucks, RVs, and trailers. Schedule a private tour today to see this beautiful gem in person. La casa tiene 3 cuartos, 1 baño, y el garage fue convertido en 1 cuarto, 1 baño. Please contact me for a private tour.

Investor Tools

$79,468Estimated Mortgage Balance
$119,691Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$296/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,562
$198,994
2025
$74,417
$124,577
$198,994
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,562
$198,994

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$90,000
No
First
Jun 12, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,468
$119,526
60%
40%
$540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$540/mo
+$1,182/mo
10.4%

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.

Explore Texas Explore This Area
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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1418 Harrop Ave | Property Details | No Agent List