$259,000 Last Listed Price
●
House -
Off Market
318 W Thomas Avenue
Pasadena, TX 77506
3 Beds
2 Baths
2,298 Ft²
$1,684
Est. Monthly
About This Property
Don't miss this beautifully updated home! Nestled on nearly 1/2 an
acre, there is plenty of room to expand or build another property.
Seller replaced roof & rewired the house in 2020. Under house
plumbing was upgraded w/ PEX, windows replaced (except breakfast
area) & water heater replaced in 2022. The sunroom windows were
recently reset w/ new framing. The refrigerator is included. The
home has new interior / exterior paint, new vinyl plank flooring on
the lower level, & new carpeting on the upper level. There is 1
bathrm up & 1 down; both were updated. The fireplace is electric.
Alarm pad & motion detectors will stay w/ the home. LED strip
lights enhance the plant box at the sunroom's ceiling. There is
ample closet space. The two upstairs bedrooms are very spacious.
Downstairs, there are two cozy rooms; one would be ideal for a home
office, complete w/ a new sliding door that opens to the side patio
& pond area. Take advantage of this exceptional opportunity! So
much potential here!
Unit Size
2,298 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$113
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1950
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (HAR #70895950)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 6, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by REALM Real Estate Professionals - North Houston | $259,000 | |
| Listed by REALM Real Estate Professionals - North Houston | |||
| | |||
|
Don't miss this beautifully updated home! Nestled on nearly 1/2 an acre, there is plenty of room to expand or build another property. Seller replaced roof & rewired the house in 2020. Under house plumbing was upgraded w/ PEX, windows replaced (except breakfast area) & water heater replaced in 2022. The sunroom windows were recently reset w/ new framing. The refrigerator is included. The home has new interior / exterior paint, new vinyl plank flooring on the lower level, & new carpeting on the upper level. There is 1 bathrm up & 1 down; both were updated. The fireplace is electric. Alarm pad & motion detectors will stay w/ the home. LED strip lights enhance the plant box at the sunroom's ceiling. There is ample closet space. The two upstairs bedrooms are very spacious. Downstairs, there are two cozy rooms; one would be ideal for a home office, complete w/ a new sliding door that opens to the side patio & pond area. Take advantage of this exceptional opportunity! So much potential here!
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Downtown Pasadena
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Christina DeLaTorre, REALM Real Estate Professionals - North Houston
Last Updated: 5 months ago
Data Source: HAR , MLS# 70895950
Copyright © 2026, Houston Realtors Information Service, Inc. Information provided is exclusively for consumers’ personal, non-commercial use and may not be used for any
purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Last Updated: 5 months ago
Data Source: HAR , MLS# 70895950
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017