$495,000

2816 Lafferty Rd Unit 4 Pasadena, TX 77502

Estimated payment $3,492/month

Total Views 1,596
-- Bed
-- Bath
4,368 Sq Ft
$113 Price per Sq Ft

Highlights

  • Balcony
  • Central Heating and Cooling System
  • Wood Siding
  • Patio
  • Laundry Facilities

About This Home

Exceptional opportunity! This fully leased 4-plex offers four spacious 2-bedroom, 2-bath units, each designed for comfortable living with functional layouts in a 2 story townhome style property with modern amenities and onsite laundry room. All units have there own private balcony, patio and covered parking area.

A brand new roof was recently installed, all leases are currently month to month providing options for the new owner. Ideally situated directly in front of a beautiful city park featuring tennis courts, baseball fields, and a water park—providing endless outdoor activities just steps from the property. Bailey Elementary school is located 1 block away. Strong rental potential, unbeatable location, and proximity to recreation and education make this property a standout addition to any portfolio. Property has prelim docs available for a future built on the location.

Listing Agent

Joel Vazquez

Realty Of America, LLC License #0674038 Listed on: 09/03/2025

Co-Listing Agent

Vladimir Victoria

Realty Of America, LLC License #0769625

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,513

Year Built

  • Built in 1964

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,368 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Balcony
  • Patio

Schools

  • Bailey Elementary School
  • Kendrick Middle School
  • Sam Rayburn High School

Additional Features

  • 0.46 Acre Lot
  • Central Heating and Cooling System

Community Details

Overview

  • 4 Units
  • Alta Vista Acres Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $18,240
  • Gross Income $57,900
  • Net Operating Income $39,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,513

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Directions: Coming from Spencer Hwy turn north into Lafferty Rd and travel .3 miles and property will be on the left.
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1964
  • Co List Office Mls Id: RTOA01
  • Co List Office Phone: 512-788-9495
  • Subdivision Name: Alta Vista Acres
  • Architectural Style: Fourplex
  • Carport Y N: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Balcony
  • Living Area: 4368.0

Exterior Features

  • Disclosures: None
  • Roof: Composition
  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Carport

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Laundry Features: Common Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: BAILEY ELEMENTARY SCHOOL
  • Junior High Dist: 41 - Pasadena
  • High School: SAM RAYBURN HIGH SCHOOL
  • Middle Or Junior School: KENDRICK MIDDLE SCHOOL

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10513.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 57900.0
  • Property Net Operating Income: 39660.0
  • Annual Operating Expense: 18240.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2025 09/03/25 For Sale $495,000 -- $113 / Sq Ft
Source: Houston Association of REALTORS®

Source: Houston Association of REALTORS®

MLS Number: 10313183

Houston Association of REALTORS®