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$255,000

1608 Patrick St, Pasadena, TX, 77506

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,370 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.4 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size8,520 sqft

Building Information

Year Built1954
Stories1

Land Information

APN0741030120005
Lot Number5
SubdivisionRevelon Terrace
Land UseResidential
Legal DescriptionLT 5 BLK 12 REVELON TERRACE
Census Tract322900
Assessed Land Value$75,521
Assessed Improvement Value$179,479
Assessment Year2025

About this property

Discover this Beautifully Remodeled 4-bedroom 2-bathroom Home in an established neighborhood. The open-concept layout invites you in, with abundant natural light streaming through large windows Step inside and find vinyl plank flooring throughout, creating a warm and contemporary feel. The bedrooms boast fresh new neutral carpet. Both bathrooms have been tastefully updated, and the kitchen shines with new cabinets, countertops, and stainless-steel appliances—a chef’s dream! Enjoy the Spacious layout ideal for family gatherings and entertaining. Outside, the backyard features a convenient storage shed. The property features double driveway for extra parking. Located just minutes from major highways, schools, and shopping centers. Don’t miss out—schedule your showing today!

Investor Tools

Property Icon
$255,000
Estimated Property Value
$250,381Estimated Mortgage Balance
$10,918Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$643
$255,000
2025
$75,521
$179,479
$255,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$643
$255,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$250,381
Yes
First
Dec 18, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,082
$10,918
4%
96%
$1,502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,502/mo
+$724/mo
10.5%

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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1608 Patrick St | Property Details | No Agent List