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$187,120

NAL Estimated Property Value

2701 Morningside Ln, Pasadena, TX, 77506

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,048 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.07 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,244 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN0903670000032
Lot Number32
SubdivisionRed Bluff Terrace
Land UseResidential
Legal DescriptionLT 32 BLK 2 RED BLUFF TERRACE SEC 6 R/P
Census Tract322800
Assessed Land Value$58,185
Assessed Improvement Value$128,935
Assessment Year2025

About this property

Welcome home to 2701 Morningside Lane, a charming 3-bedroom, 1-bath home situated on a spacious corner lot with mature trees and plenty of yard space to enjoy. This single-story home offers simple, functional living with a comfortable layout and timeless appeal. Inside, you'll find a bright living area with wood-look tile floors, an open dining space, and a cozy kitchen with stainless steel appliances and a gas range. The full bathroom features a shower/tub combo and a single vanity, serving all three bedrooms with ease. An attached two-car garage provides secure parking and additional storage, while the large front and back yards offer endless potential for outdoor living, gardening, or play. Conveniently located near local schools, parks, shopping, and major roadways, this home is a great opportunity to enjoy relaxed living in a well-established Pasadena neighborhood.

Investor Tools

Property Icon
$187,120
Estimated Property Value
$77,206Estimated Mortgage Balance
$109,914Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,526
$187,120
2025
$58,185
$128,935
$187,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,526
$187,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jose M Campos Etal
Unknown
$78,000
No
First
Oct 14, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,206
$109,914
58%
41%
$468/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$468/mo
+$1,254/mo
11.0%

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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2701 Morningside Ln | Property Details | No Agent List