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$298,000

NAL Estimated Property Value

4054 Watters Rd, Pasadena, TX, 77504

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
price_per_sqft$155.5 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size7,039 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1088330000007
Lot Number7
SubdivisionParkgate
Land UseResidential
Legal DescriptionLT 7 BLK 1 PARKGATE SEC 4 R/P
Census Tract323702
Assessed Land Value$50,775
Assessed Improvement Value$182,012
Assessment Year2025

About this property

Welcome to 4054 Watters Rd, Pasadena, TX! This beautifully updated 3-bedroom, 2-bathroom home features soaring ceilings, abundant natural light, and a versatile loft space perfect for an office,lounge or gameroom. The modern kitchen shines with granite countertops, while fresh paint and new flooring add a contemporary touch. A private courtyard connects the master suite and living area, creating a serene retreat. The spacious backyard offers plenty of room for play, complete with a kids' playground. Conveniently located near top-rated schools, shopping, dining, and major highways, this home blends comfort and convenience. Two additional bedrooms featured upstairs along with a versatile loft used for an office, lounge or gameroom with built in shelving. Large additional room off of bedroom 2 that is currently used as a lego room. This could be a second large closet and/or additional storage. Don’t miss out—schedule your tour today

Investor Tools

Property Icon
$298,000
Estimated Property Value
$0Estimated Mortgage Balance
$298,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,302
$232,787
2025
$50,775
$182,012
$232,787
Yes (2020)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,302
$232,787

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Harbor Fincl Mtg
N/A
$65,000
N/A
First
Apr 26, 1996
May 2011

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$290,000
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
9.0%

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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4054 Watters Rd | Property Details | No Agent List