Showing Pasadena TX | REDUCED | 3.125% Subto | Dual-Unit Rental Play | 5Bd 3Bth | Central Pasadena Rental Opportunity | 77502

5 Beds / 3 Baths • 1,508 SqFt
Offer Submission Deadline
  • Single Family House
  • 5
  • 3
  • 1954
  • 1508
  • 7126

Description

Showing this Week!

Call or Text (214) 646-9646

1907 Lafferty Rd, Pasadena, TX 77502

BEDROOMS: 5 | BATHROOMS: 3

BUILT 1954 | SQFT: 1508 | Lot Size: 0.16 Acres

Arrears (Mortgage and Escrow) - $13,177.72 Est. in Arrears

Cash to Seller, Agents, and Assignment - $10,322.28

Plus TC (If Requested) and Closing Cost

Subject To Terms - Underlying Mortgage

Principal Balance: $191,679.46

1st HUD Lien: $11,067.48

2nd HUD Lien: $13,033.46

Interest rate: 3.125%

Current PITI: $1,622.91/mo

Prime Pasadena Income Opportunity

with dual-unit setup delivering

strong rental upside.

Two units on one lot.

Front house is 3Bd/2Bth,

Back unit is 2Bd/1Bth.

Centrally located near Hwy 225 for easy access

to schools, shopping, and downtown Houston

Ideal for reliable cashflow and

long-term growth.

Roof: No Known Issues

HVAC: No Known Issues

Plumbing: No Known Issues

Electrical: No Known Issues

Foundation: Do Due Diligence

Recent Sales:

1005 Hector Avenue, Pasadena, TX 77502

Beds: 4 | Bath: 2 (1 1) | SqFt: 1,581

Sold For: $193,000 | Price/SqFt: $122.07

Listing ID: 55413985

805 Armor Avenue, Pasadena, TX 77502

Beds: 3 | Bath: 1 (1 0) | SqFt: 1,384

Sold For: $145,000 | Price/SqFt: $104.80

Listing ID: 7981527

Recent Rentals:

405 Pauline Avenue, Pasadena, TX 77502

Beds: 3 | Bath: 2 (2 0) | SqFt: 1,592

Rented For: $1,700 | Price/SqFt: $1.07

2208 View Street, Pasadena, TX 77502

Beds: 2 | Bath: 1 (1 0) | SqFt: 1,204

Rented For: $1,450 | Price/SqFt: $1.20

Listing ID: 96247655

2114 Dewberry Lane, Pasadena, TX 77502

Beds: 4 | Bath: 2 (2 0) | SqFt: 1,482

Rented For: $1,695 | Price/SqFt: $1.14

Listing ID: 64722394

1207 Trimm Avenue, Pasadena, TX 77502

Beds: 3 | Bath: 1 (1 0) | SqFt: 963

Rented For: $1,500 | Price/SqFt: $1.56

Listing ID: 48638490

1216 Armor Avenue, Pasadena, TX 77502

Beds: 2 | Bath: 1 (1 0) | SqFt: 840

Rented For: $1,250 | Price/SqFt: $1.49

Listing ID: 60620499

Always Do Due Diligence

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Estimated Spread

  • ARV $298,500
  • Price $23,500
  • Spread $275,000