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$189,000

NAL Estimated Property Value

803 Wafer St, Pasadena, TX, 77506

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,094 Sq Ft
price_per_sqft$159.96 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringWood

Exterior

Lot Size6,848 sqft

Building Information

Year Built1940
Stories1
Garage Spaces1

Land Information

APN0691100000033
Lot Number33
SubdivisionSouth Side Place - Pasadena
Land UseResidential
Legal DescriptionLT 33 SOUTH SIDE PLACE - PASADENA
Census Tract324101
Assessed Land Value$57,750
Assessed Improvement Value$110,617
Assessment Year2025

About this property

WELCOME HOME! This cozy 3 bedrooms / one-story single-family home flows nicely and had been completely remodeled throughout. You will love the newly remodeled kitchen with SS appliances, granite counters, and bright new cabinets, kitchen is open to the dining room and spacious living/family room with new windows and new interior and exterior doors. Beautiful new wood flooring throughout the home, new tile flooring in the bathroom – NO CARPET! Large and private backyard with mature trees and covered deck, front yard driveway and walkway is NEWLY paved! All this coupled with close proximity to shopping, dining, and easy access to Pasadena Fwy, Beltway 8, I-45, I-610, I-10, and downtown will make this a place you want to call home!

Investor Tools

Property Icon
$189,000
Estimated Property Value
$162,881Estimated Mortgage Balance
$26,119Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,775
$168,367
2025
$57,750
$110,617
$168,367
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,775
$168,367

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$171,830
Yes
First
Sep 30, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,881
$18,119
10%
86%
$1,073/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,073/mo
+$649/mo
10.9%

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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803 Wafer St | Property Details | No Agent List