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$231,000

NAL Estimated Property Value

1611 Wildgrove Dr, Pasadena, TX, 77504

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,279 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.45 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size5,998 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN1068670000031
Lot Number31
SubdivisionBurke Meadow
Land UseResidential
Legal DescriptionLT 31 BLK 9 BURKE MEADOW SEC 2
Census Tract323602
Assessed Land Value$55,913
Assessed Improvement Value$150,278
Assessment Year2025

About this property

Welcome Home! This charming and well-maintained home in the heart of Pasadena is now available for rent! Featuring 3 bedrooms and 2 bathrooms, a spacious back patio, 2 car garage and ALL APPLIANCES ARE INCLUDED! The exterior offers great curb appeal with a full brick exterior, a covered front porch, and a long double-wide driveway. Inside, enjoy a functional layout, with an airy, open concept living room with high ceilings connecting to your breakfast area and lovely kitchen. Each bedroom offers updated vinyl flooring, spacious closets, and window treatments. The primary bedroom also comes with its own en-suite and even a walk in closet! Enjoy your private backyard under the shade of your covered patio - perfect for enjoying all summer long! Come and take a look at this one before it’s gone! Maximum of 2 pets are allowed up to 50 lbs.

Investor Tools

Property Icon
$231,000
Estimated Property Value
$134,608Estimated Mortgage Balance
$96,392Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,060
$206,191
2025
$55,913
$150,278
$206,191
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,060
$206,191

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Fha
$147,127
Yes
First
Nov 18, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,608
$76,392
36%
58%
$883/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$883/mo
+$839/mo
8.9%

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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1611 Wildgrove Dr | Property Details | No Agent List