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$349,000

516 Spooner St, Pasadena, TX, 77506

PendingInfo
Beds4 Beds
Baths2 Bath
Baths1,854 Sq Ft
price_per_sqft$188.24 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesDisposal, Refrigerator Included, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size6,747 sqft

Building Information

Year Built1942
Stories1
Garage Spaces1

Land Information

APN0282500020011
Lot Number11
SubdivisionPasadena Outlot 104
Land UseResidential
Legal DescriptionLT 11 BLK 1 PASADENA OUTLOT 104
Census Tract324101
Assessed Land Value$57,713
Assessed Improvement Value$52,218
Assessment Year2025

About this property

UNDER CONSTRUCTION! Beautiful new construction offering 4 bedrooms and 2 bathrooms with a modern, open-concept design and high ceilings. The stunning kitchen features a large waterfall-edge island, elegant Quartz countertops, and soft-close cabinetry. The spacious primary suite includes a stylish accent wall, a large walk-in closet, and a luxurious bathroom. Enjoy the fully fenced backyard, perfect for relaxing or spending time with family. Additional features include energy-efficient construction, gas and electric connections, no carpet, and excellent finishes. Low tax rate and NO HOA! Estimated completion is two months or less.

Investor Tools

$347,460Estimated Mortgage Balance
$109,931Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,383
$109,931
2025
$57,713
$52,218
$109,931
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,383
$109,931

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Catalyst Funding Llc
Building Or Construction Loan
$134,250
No
First
Nov 11, 2025
May 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$347,460
N/A
0%
316%
$2,095/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,095/mo
$-373/mo
18.8%

City: Pasadena

516 Spooner St | Property Details | No Agent List