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$245,000

1518 Wentwood Drive, Pasadena, TX, 77504

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,515 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.72 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,998 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN1052940000005
Lot Number5
SubdivisionBurke Meadow
Land UseResidential
Legal DescriptionLT 5 BLK 5 BURKE MEADOW SEC 1
Census Tract323602
Assessed Land Value$55,913
Assessed Improvement Value$131,865
Assessment Year2025

About this property

Welcome to this lovely 3-bedroom, 2 bath home featuring an attached garage and a spacious open concept layout perfect for everyday living and entertaining. The kitchen seamlessly opens to the dining area and living room, creating a bright and inviting gathering space for family and friends. Step outside to enjoy the covered patio located just off the kitchen, ideal for morning coffee or relaxing evenings. The property also includes a storage shed that will remain with the home providing extra space for tools and equipment - Currently Tenant Occupied till end of June. Home will be made ready fist week of July and New Pictures uploaded. - Home is not in Flood Zone.

Investor Tools

Property Icon
$232,000
Estimated Property Value
$0Estimated Mortgage Balance
$85,906Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

Interested in this property?

Deyanira Gutierrez

Independence Real Estate, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,213
$187,778
2025
$55,913
$131,865
$187,778
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,213
$187,778

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star Bank
Stand Alone Second / Subordinate Position
$156,500
No
First
Nov 23, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,094
$85,906
37%
63%
$939/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$939/mo
+$783/mo
8.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1518 Wentwood Drive | Property Details | No Agent List