Rehabbed Duplex with Back
For Sale
$300,000
109 Tascott St, Pasadena, TX 77506
A rehabbed income property with two units, covered patios, storage, and washer/dryer connections.
Property Size1,204 SF
Lot Size0.23 Acres
Price / SF$249.17
Days on Market134
Property Features for 109 Tascott St
General Information
Standard status
Active
Size
1,204 SF
Lot size
0.23 Acres
Property subtype
Residential Income
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,993
Building Details
Year Renovated
2023
Tenancy
Multi
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Mayela Sehnert
(281) 614-9254
Source:
Exprealty
Added: Jun 8
Changed: Oct 2
Last Checked: Oct 19 at 7:23AM
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 eXp Realty LLC
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Investment Insights
Based on property information with market context.
This rehabbed duplex offers two separate residential units designed for day-to-day comfort and practical storage. Unit 1 features three bedrooms and one bathroom with 1,204 square feet, along with access to storage and front and back covered patio areas. Unit 2 is a 2-bedroom, 1-bath back house with 816 square feet and includes a dedicated storage unit and washer and dryer connections.
Located at 109 Tascott St in Pasadena, Texas, the property sits on a large lot measuring 10,123 square feet. The public remarks note the home is close to the 225 and 610 corridors, with a somewhat bikeable (BikeScore 47) and car-dependent (WalkScore 36) surrounding area.
The current setup is well-suited for an investor or owner-occupant seeking an income property with long-term renters in place. With covered outdoor space on Unit 1 and laundry hookups in Unit 2, the layout supports tenant convenience while keeping the improvements and configuration from the 2023 rehab intact.
Located at 109 Tascott St in Pasadena, Texas, the property sits on a large lot measuring 10,123 square feet. The public remarks note the home is close to the 225 and 610 corridors, with a somewhat bikeable (BikeScore 47) and car-dependent (WalkScore 36) surrounding area.
The current setup is well-suited for an investor or owner-occupant seeking an income property with long-term renters in place. With covered outdoor space on Unit 1 and laundry hookups in Unit 2, the layout supports tenant convenience while keeping the improvements and configuration from the 2023 rehab intact.
Key Highlights
- Rehabbed 2023 2‑unit income property built in 1930
- Unit 1: 3 bed/1 bath, 1,204 SF, with access to storage and front/back covered patio areas
- Unit 2 (back house): 2 bed/1 bath, 816 SF, plus storage and washer/dryer connections
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,712
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,240
$274.2K
Cap Rate 7%
$195,886
$195.9K
Cap Rate 9%
$152,356
$152.4K
Market Conditions
NOI Build-Up for 1,204 SF
Gross rent
$20.9K $17.40/SF
− Vacancy
−$1.4K −$1.13/SF
EGI
$19.6K $16.27/SF
− OpEx
−$5.9K −$4.88/SF
NOI
$13.7K $11.39/SF
Area
Pasadena, TX
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,240
Cap Rate 7%
$195,886
Cap Rate 9%
$152,356
Alternative Uses
Best Use
Multifamily LT 5
$195.9K
$171.4K – $228.5K
NOI $13,712 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$176.1K
$154.1K – $205.4K
NOI $12,325 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$397.3K
$347.7K – $463.6K
NOI $27,814 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
Explore this area
Business Placement
Demographics for 77506, TX
34,431
Population
11,973
Households
2.9
Avg Household Size
31
Median Age
5%
College-Educated
57%
High-School Grad
11.3 sq mi
ZIP Area
3,047
Density / Sq Mi
$50,045
Median Household Income
$31,621
Median Earnings
$1,049
Median Rent
$131,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A rehabbed income property with two units, covered patios, storage, and washer/dryer connections.
Where is this duplex located?
The property is located at 109 Tascott St Pasadena, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Rehabbed 2023 2‑unit income property built in 1930; Unit 1: 3 bed/1 bath, 1,204 SF, with access to storage and front/back covered patio areas; Unit 2 (back house): 2 bed/1 bath, 816 SF, plus storage and washer/dryer connections
