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$117,062

NAL Estimated Property Value

420 Spooner St, Pasadena, TX, 77506

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths950 Sq Ft
price_per_sqft$115.79 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesGas Oven, Free-Standing Range, Gas Range, Oven
FlooringTile, Vinyl

Exterior

Lot Size6,046 sqft

Building Information

Year Built1935
Stories1
Garage Spaces3

Land Information

APN0282410000005
Lot Number5,6
SubdivisionPasadena Townsite
Land UseResidential
Legal DescriptionLTS 5 & 6 BLK 95 PASADENA OUTLOT 95
Census Tract324101
Assessed Land Value$57,048
Assessed Improvement Value$60,014
Assessment Year2025

About this property

This 3-bedroom, 1.5-bath home is ready for its next chapter! Situated on a pier-and-beam foundation, this property has good structure and layout but is in need of repairs and updates. The home features a functional kitchen, spacious living areas, and a half bath located in the garage. While the property does have foundation issues, damaged flooring and sheetrock, it offers tremendous opportunity for investors, flippers, or buyers looking for a remodel project. Believe it or not, the home is currently occupied — a testament to its livable layout and potential once restored. Sold strictly as-is. No repairs will be made. Bring your vision, your contractor, and turn this solid home with great bones into your next success story! No flooding nor HOA!!

Investor Tools

Property Icon
$117,062
Estimated Property Value
$0Estimated Mortgage Balance
$117,062Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$702 /month
Positive
Cash Flow Estimate:
$234 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$125/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$914
$117,062
2025
$57,048
$60,014
$117,062
No

Tax History

Year
Tax Paid
Assessed Value
2024
$914
$117,062

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$117,062
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
13.4%

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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420 Spooner St | Property Details | No Agent List