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$1,350,000

2802 Randolph Rd, Pasadena, TX, 77503

On MarketInfo
Just AddedInfo
Beds24 Beds
Baths2 Bath
Baths1,400 Sq Ft
DuplexDuplex
price_per_sqft$964.29 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 24Bedrooms 24
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
FlooringTile

Exterior

Lot Size41,003 sqft

Building Information

Year Built1940

Land Information

APN0710050020089
Lot Number89,90
SubdivisionKingsdale
Land UseResidential
Legal DescriptionLT 89 & 90 BLK 2 KINGSDALE
Census Tract342200
Assessed Land Value$216,550
Assessed Improvement Value$429,303
Assessment Year2025

About this property

FULLY OCCUPIED MULTIFAMILY INVESTMENT OPPORTUNITY! Six duplex buildings situated on one approximately 0.94-acre parcel, offering a total of 12 residential units. All 12 units are currently occupied, providing an immediate income-producing investment opportunity. Each unit features a 2-bedroom, 1-bath floor plan with approximately 750–800 square feet of living space. The property offers multiple income-producing units on one tract and is conveniently located with easy access to Beltway 8, I-45 and SH-225. Nearby shopping, dining, schools and everyday conveniences add to the property's appeal. Buyer to independently verify all measurements, unit information, zoning, utilities, taxes and other property details

Investor Tools

$0Estimated Mortgage Balance
$645,853Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,100 /month
Positive
Cash Flow Estimate:
$2,700 /month

Interested in this property?

Jimmy Franklin

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$936/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,998
$645,853
2025
$216,550
$429,303
$645,853
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,998
$645,853

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$645,853
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
4.1%

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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2802 Randolph Rd | Property Details | No Agent List