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$235,000

2618 Fern Creek Dr, Pasadena, TX, 77503

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,493 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.27 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size3,476 sqft

Building Information

Year Built2016
Garage Spaces1

Land Information

APN1340480020028
Lot Number28
SubdivisionTwin Villas At Red Bluff
Land UseResidential
Legal DescriptionLT 28 BLK 2 TWIN VILLAS AT RED BLUFF SEC 2
Census Tract342200
Assessed Land Value$50,026
Assessed Improvement Value$180,968
Assessment Year2025

About this property

Cute 3/2.5/2 Townhome in Gated community! Located in Desirable Deer Park ISD! Ready for Move in!

Investor Tools

Property Icon
$235,000
Estimated Property Value
$160,365Estimated Mortgage Balance
$107,972Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,044
$230,994
2025
$50,026
$180,968
$230,994
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,044
$230,994

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Universal American Mortgage Co
Va
$160,365
Yes
First
Jul 27, 2016
Aug 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,028
$108,972
46%
54%
$962/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$962/mo
+$760/mo
8.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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2618 Fern Creek Dr | Property Details | No Agent List