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$306,000

NAL Estimated Property Value

6415 Inverness Way, Pasadena, TX, 77505

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.73 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size6,490 sqft

Building Information

Year Built1984
Garage Spaces2

Land Information

APN1157480010004
Lot Number4
SubdivisionBaywood Gardens R/P
Land UseResidential
Legal DescriptionLT 4 BLK 1 BAYWOOD GARDENS R/P
Census Tract342001
Assessed Land Value$83,575
Assessed Improvement Value$208,677
Assessment Year2025

About this property

Once again we are so excited to offer this unique, custom built home in the Baywood Gardens neighborhood of Pasadena. We believe that from the moment you walk into 6415 Inverness Way, you will appreciate the custom touches, the open, light and airy feel of the living space that overlooks the pool and covered patio, the unique floor plan that wraps around the pool and patio, the fantastic kitchen, ideal for all your cooking dreams and the Owner's retreat that really feels just like that! 6415 Inverness Way is ready for that special buyer that will fall in love with all we have to offer. Come by in person - browse thru the pictures and take a virtual tour. We know you will appreciate what you see.

Investor Tools

Property Icon
$306,000
Estimated Property Value
$219,849Estimated Mortgage Balance
$86,151Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
$57/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,146
$292,252
2025
$83,575
$208,677
$292,252
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,146
$292,252

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$245,471
Yes
First
Dec 4, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,849
$72,403
24%
72%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,860/mo
$1,529/mo
+$331/mo
7.3%

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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6415 Inverness Way | Property Details | No Agent List