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Owner Contacts

$291,000

2021 Leroy Dr, Pasadena, TX, 77502

Off Market

4 Beds

2 Bath

2,128 Sq Ft

Single Family Residence

$99.58 / sqft

Built in 1953

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Free-Standing Range, Gas Range, Dishwasher, Oven

Exterior

Lot Size12,493 sqft

Building Information

Year Built1953

Stories1

Garage Spaces2

Land Information

APN0771910130364

Lot Number364

SubdivisionSouth Pasadena Villas

Land UseResidential

Legal DescriptionLT 364 BLK 13 SOUTH PASADENA VILLAS

Census Tract323400

Assessed Land Value$78,359

Assessed Improvement Value$183,141

Assessment Year2025

About this property

Lovely home in a highly desirable neighborhood, near schools, shopping, Strawberry Water Park with swimming pools & slides, Tennis Center Courts and walking/jogging track. The home features: Two Lrg Family rooms, Gallery Kitchen w/ recently installed cabinets; Wine rack; Quartz Cntrtps & travertine backsplash. Equipped w/ SS Gas range, Dishwasher & Microwave. Hardwood Floors recently sanded & stained; Fresh paint throughout; Ceiling fans, Chandeliers; Oil rubbed Dr handles; Crown Mldg & Lrg windows w/ lots of natural light. Wide driveway for all your guest parking. Wrought iron gate leading to the detached garage & the Fully Fenced backyard. Crowned w/ mature trees & lush landscaping, backyard features: Recently installed concrete porch & ample space for your family's gathering & game cookouts. Not to mention the space for a swimming pool for your family & friends to enjoy. Home never flooded; A/C Ducts rplcd in January (per the seller), & foundation Rpr & Extr Paint 2019. Come HOME!

Investor Tools

$291,000

Estimated Property Value

$5,201,079Estimated Mortgage Balance

$0Estimated Equity

-1687% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,746 /month

Positive

Cash Flow Estimate:

$582 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$391/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,238

$261,500

2025

$78,359

$183,141

$261,500

Tax History

Year

Tax Paid

Assessed Value

2024

$3,238

$261,500

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Southwest Funding Lp

Fha

$5,201,079

Yes

First

Dec 29, 2020

Jan 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$4,658,191

N/A

1601%

$31,184/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$31,184/mo

$-29,462/mo

7.1%

Learn About the Market: Opportunity in Texas

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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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