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$315,000

2007 S Rayburn Court, Pasadena, TX, 77502

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,761 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.09 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

High EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size7,562 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN0980090000008
Lot Number8
SubdivisionParkview Estates
Land UseResidential
Legal DescriptionLT 8 BLK 3 PARKVIEW ESTATES SEC 1
Census Tract323802
Assessed Land Value$56,448
Assessed Improvement Value$204,381
Assessment Year2025

About this property

Welcome to 2007 S Rayburn, a well-cared-for home in the heart of Pasadena that’s perfect for first-time buyers ready to make homeownership a reality. This home features a bright, open living area with plenty of natural light great for everyday living, hosting friends, or relaxing after a long day. The updated kitchen offers stainless steel appliances, and lots of cabinet space, making cooking at home both easy and enjoyable. The spacious bedrooms provide comfortable retreats. The primary bedroom, conveniently located downstairs in this two story includes its own private bathroom ideal for added comfort and privacy. You'll love the large game-room, a flexible space that can be used as a second living area, home office, playroom, or entertainment space. Step outside to the private backyard, perfect for barbecues, pets, or simply enjoying the outdoors. Located close to major freeways, shopping, and dining, this home offers convenience, comfort, and great value. this one is a must-see!

Investor Tools

$134,943Estimated Mortgage Balance
$177,057Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

Interested in this property?

Janie Schmidt

ST Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,605
$260,829
2025
$56,448
$204,381
$260,829
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,605
$260,829

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal United Mortgage Llc
Va
$155,436
Yes
First
Oct 9, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,943
$177,057
56%
43%
$932/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$932/mo
+$1,294/mo
8.6%

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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2007 S Rayburn Court | Property Details | No Agent List