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$204,000

NAL Estimated Property Value

2418 Dedman St, Pasadena, TX, 77503

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,024 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.84 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesGas Oven, Gas Range, Oven, Refrigerator, Washer
FlooringLaminate, Wood

Exterior

Lot Size21,806 sqft

Building Information

Year Built1951
Stories1
Garage Spaces2

Land Information

APN0731450040003
Lot Number3
SubdivisionSpencer Highway Gardens
Land UseResidential
Legal DescriptionLT 3 BLK 4 SPENCER HIGHWAY GARDENS SEC 1
Census Tract342200
Assessed Land Value$112,255
Assessed Improvement Value$76,932
Assessment Year2025

About this property

Explore this charming 2-bed, 1-bath home with original wood floors on a 21,805 sq. ft. lot in Spencer Highway Gardens, also known as Golden Acres. Features a porte-cochère and a 1-car garage. Recently updated with fresh exterior paint, a new electrical panel box, and a brand-new gas line. Conveniently located near Andy's Bar-B-Que, Spencer Highway, and Beltway 8, you'll enjoy easy access to medical facilities, shopping, schools, and dining. Notably, there's no HOA, and the area is UNRESTRICTED, allowing for both residential and commercial use. With its spacious lot, you have the freedom to build your dream home, start a business, or explore a mix of residential and commercial possibilities. Don't miss this incredible opportunity. Contact us today for more information. Verify zoning with the City of Pasadena for specific plans *Estate Sale*

Investor Tools

Property Icon
$204,000
Estimated Property Value
$147,945Estimated Mortgage Balance
$56,055Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,447
$189,187
2025
$112,255
$76,932
$189,187
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,447
$189,187

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$152,000
No
First
Nov 27, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,945
$50,055
25%
73%
$912/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$912/mo
+$395/mo
7.7%

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.

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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2418 Dedman St | Property Details | No Agent List