Property profile

3240 Burke Rd 32 Pasadena, TX 77504

OFF-MARKET
Garden apartment buildings
Property ID
US82-4430675
4,344 SF 3.12 ac lot Built 1973
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1973
Construction FRAME
Total area 4,344 SF
Lot 3.12 ac (135,881 SF)
APN 1073000100001
UPID US82-4430675

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3240 Burke Rd, Unit 32 Pasadena, TX 77504-1860
Pasadena metro Census 323601 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
$685k
Comparable Approach Comparable
by Request
Blend (final) Blend
$630k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2018
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $400,000 +41.4%
Auto repair, garage $385,000 +35.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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