Mixed-Use Property with
1008 Vista Road, Pasadena, TX 77504
For Sale
$680,000
Two residences, an office, and covered storage support a live-work configuration on an over-acre site.
Property Size1,180 SF
Days on Market280
Property Features for 1008 Vista Road
General Information
Standard status
Size
Property subtype
Property Condition
Severity
Evidence
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Jane Byrd Properties International LLC
Listed By:
Jose Sanchez
(832) 538-7025
Source:
Livingvoguerealestate
Added: Feb 3
Changed: Nov 7
Last Checked: Nov 8 at 4:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jane Byrd Properties International LLC
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Investment Insights
Based on property information with market context.
This mixed-use property in Pasadena combines two multifamily homes with a separate office. The residences require light work, and the site also includes oversized storage and a steel-covered area. Built in 1955, the property sits on more than an acre of land.
The address is 1008 Vista Road in Pasadena, Texas.
The address is 1008 Vista Road in Pasadena, Texas.
Key Highlights
- Two multifamily homes and a dedicated office
- More than one acre of land
- Oversized storage and a steel‑covered area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,990
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,800
$399.8K
Cap Rate 7%
$285,571
$285.6K
Cap Rate 9%
$222,111
$222.1K
Market Conditions
NOI Build-Up for 1,180 SF
Gross rent
$35.1K $29.76/SF
− Vacancy
−$8.5K −$7.17/SF
EGI
$26.7K $22.59/SF
− OpEx
−$6.7K −$5.65/SF
NOI
$20.0K $16.94/SF
Area
Pasadena, TX
Vacancy
24.10%
Lease Rate
$29.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,800
Cap Rate 7%
$285,571
Cap Rate 9%
$222,111
Alternative Uses
Best Use
Office B
$285.6K
$249.9K – $333.2K
NOI $19,990 @ 7.0% cap · market cap 2.94%
Second Best
Mixed Use
$203.6K
$178.1K – $237.5K
NOI $14,249 @ 7.0% cap · market cap 2.10%
Theoretical Best
Office A
$389.4K
$340.7K – $454.3K
NOI $27,259 @ 7.0% cap · market cap 4.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,239
Businesses Nearby
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Business Placement
Demographics for 77504, TX
25,728
Population
10,080
Households
2.6
Avg Household Size
33
Median Age
17%
College-Educated
79%
High-School Grad
5.6 sq mi
ZIP Area
4,594
Density / Sq Mi
$52,784
Median Household Income
$35,789
Median Earnings
$1,196
Median Rent
$207,600
Median Home Value
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Market
Properties on Market for Mixed-use properties in Harris County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two residences, an office, and covered storage support a live-work configuration on an over-acre site.
Where is this mixed-use property located?
The property is located at 1008 Vista Road Pasadena, TX.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Two multifamily homes and a dedicated office; More than one acre of land; Oversized storage and a steel‑covered area
