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    Property profile & analytics

    706 Thomas Ave, Unit 6 Pasadena, TX 77506-5308

    • Apartment buildings
    • 849 SF
    • 0.37 lot acres
    OFF-MARKET
    Value Estimation
    $420,000
    Last Sale
    Jan 29, 2024
    Location Intelligence
    Property ID
    US82-3307098
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 706 Thomas Ave

    Year built
    1944
    Construction
    WOOD FRAME
    Lot size
    0.37 lot acres
    Property size
    849 SF
    Property type
    Apartment buildings
    APN
    650330000004
    APU
    650330000004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Harris
    State
    Texas
    Longitude
    -95.205
    Latitude
    29.7015
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $3,600
    $162,000
    $157,715
    $319,715
    -
    $162,000
    $157,715
    $319,715

    Comparable in this City

    • Value Estimation by Request
      1,714 SF

      1216 Wafer St, Unit 6

      APARTMENT HOUSE (5+ UNITS) • 1,714 SF
      1216 Wafer St, Pasadena, TX 77506-4632
      View Details
    • Value Estimation
      $340,000
      4,068 SF

      1030 Vlg Ct, Unit 4

      APARTMENT HOUSE (5+ UNITS) • 4,068 SF
      1030 Vlg Ct, Pasadena, TX 77506-5185
      View Details
    • Value Estimation
      $325,000
      2,400 SF

      408 Randall St, Unit 6

      APARTMENT HOUSE (5+ UNITS) • 2,400 SF
      408 Randall St, Pasadena, TX 77506-2267
      View Details
    • Value Estimation
      $360,000
      5,650 SF

      419 Main St, Unit 8

      APARTMENT HOUSE (5+ UNITS) • 5,650 SF
      419 Main St, Pasadena, TX 77506-2253
      View Details
    • Value Estimation
      $430,000
      1,806 SF

      1005 Spooner St, Unit 9

      APARTMENT HOUSE (5+ UNITS) • 1,806 SF
      1005 Spooner St, Pasadena, TX 77506-4563
      View Details
    • Value Estimation
      $305,000
      2,278 SF

      704 Witter St, Unit 4

      APARTMENT HOUSE (5+ UNITS) • 2,278 SF
      704 Witter St, Pasadena, TX 77506-5333
      View Details

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    Similar Nearby for Lease

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      Recently updated retail space in a busy location.
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    706 Thomas Ave, Unit 6
    Pasadena, TX 77506-5308
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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
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