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    Burke Rd Pasadena, TX 77504

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    For Sale
    $1,050,000

    Eleven-unit townhome property in prime location with long-term tenants.

    Lot size:
    10.06 Acres

    Property Features for Burke Rd

    General Information

    Lot size
    10.06 Acres

    Building Details

    Year built
    1969

    Source: MetroPlus Realty Agent Elizabeth Flores-Sauceda

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Occupied Townhome Property

    This is an eleven-unit townhome property that is fully occupied. Many long-term tenants have leased from the current owner for years. The property is situated in a prime location between Spencer and Vista, surrounded by restaurants, grocery stores, and local activity. The location is highly desirable for renters. The townhomes are consistently in demand and easy to lease, due to their location and rental appeal. Each unit is equipped with an air conditioning system that is less than 18 months old.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.177573
    Latitude
    29.711795

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    FAQs

    What type of property is this?
    Apartment building - Eleven-unit townhome property in prime location with long-term tenants.
    Where is this apartment building located?
    The property is located at Burke Rd Pasadena, TX.
    What is the asking price?
    The asking price for this property is $1,050,000.
    What are key features of this property?
    This property features: - Fully occupied 11-unit townhome property.; - Prime location near restaurants, grocery stores, and local activity.; - Consistent demand and ease of leasing due to location and rental appeal.
    (832) 287-9028
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Burke Rd Pasadena, TX 77504
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