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$187,535

NAL Estimated Property Value

703 Garrett St, Pasadena, TX, 77506

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,271 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.34 / sqft
Year BuiltBuilt in 1944

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop

Exterior

Lot Size6,268 sqft

Building Information

Year Built1944
Stories1
Garage Spaces2

Land Information

APN0710260190048
Lot Number48
SubdivisionPasadena Gardens
Land UseResidential
Legal DescriptionLT 48 BLK 19 PASADENA GARDENS
Census Tract322900
Assessed Land Value$72,105
Assessed Improvement Value$115,430
Assessment Year2025

About this property

*Option to rent fully furnished home for $1,800 a month, all queen beds, TVs and furniture are new* Welcome home to this completely remodeled 1944 home in the charming subdivision of Pasadena Gardens. This home was been updated with foundation work, new windows and new blinds, new AC, new roof, new privacy fence with gate, new insulation in attic, redesigned kitchen with all new cabinets, quartz countertops and stainless steel appliances. The detached garage space has been converted into the perfect mother-in-law suite or garage apartment equipped with a mini kitchen, full bathroom, living area and closet. Every inch of this home has been updated with brand new wood laminate flooring throughout, doors, trim, updated bathrooms and lighting. Schedule your showing today.

Investor Tools

Property Icon
$187,535
Estimated Property Value
$205,698Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,125 /month
Positive
Cash Flow Estimate:
$375 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$239/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,931
$187,535
2025
$72,105
$115,430
$187,535
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,931
$187,535

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$208,587
Yes
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,698
N/A
0%
110%
$1,302/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,302/mo
+$420/mo
11.0%

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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703 Garrett St | Property Details | No Agent List