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$239,000

313 Brown Dr, Pasadena, TX, 77506

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,318 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.91 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size6,599 sqft

Building Information

Year Built1962
Garage Spaces2

Land Information

APN0925920000009
Lot Number9
SubdivisionRed Bluff Terrace
Land UseResidential
Legal DescriptionLT 9 BLK 6 RED BLUFF TERRACE SEC 7
Census Tract322800
Assessed Land Value$57,570
Assessed Improvement Value$174,430
Assessment Year2025

About this property

Impeccably maintained home in Red Bluff Terrace conveniently located with easy access to Hwy 225 & Beltway 8. Offering 3 bedrooms with 2 full bathrooms, a generously sized family room with beautiful wood paneling, brick fireplace flanked with custom built ins. Large kitchen with granite countertops, solid wood cabinetry and lovely breakfast room. Huge covered back patio featuring a hot tub to stay with the home. Spacious storage shed with 2nd story loft area. No direct back neighbors. The attic has been completely decked and could be finished out for additional square footage. Attached 2 car carport and attractive front exterior with landscaping.

Investor Tools

Property Icon
$239,000
Estimated Property Value
$236,988Estimated Mortgage Balance
$7,974Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,533
$232,000
2025
$57,570
$174,430
$232,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,533
$232,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$236,988
Yes
First
Dec 2, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,026
$9,974
4%
97%
$1,421/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,421/mo
+$301/mo
8.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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