$1,275,000
$74K PRICE DROP

4820 Oak Ave Unit 16 Pasadena, TX 77503

Golden Acres Neighborhood

Estimated payment $7,647/month

Total Views 3,412
2 Beds
1 Bath
6,728 Sq Ft
$190 Price per Sq Ft

Highlights

  • 24,900 Sq Ft lot
  • Window Unit Heating System
  • 4-minute walk to Golden Acres Park
  • Window Unit Cooling System
  • 1-Story Property

About This Home

Prime 16-unit multifamily community fully renovated! Completely remodeled in 2019, this turnkey property offers stable cashflow with opportunity for upside potential. Property history will showcase low tenant turnover and minimal maintenance costs. The recent renovation includes new flooring, new cabinetry, updated bathrooms, and all new fixtures. Opportunity to increase revenue by bumping rents, billing utilities back to tenants, adding central HVAC, and more. The property currently provides window units, but has AC ducting in place - making installation of central HVAC units simple and cost effective. Located in Pasadena near major employers (Oil & Gas, Port of Houston), it benefits from strong rental demand. Favorable seller carry-back available! More information available upon request. Please call or text Kaelyn for details.

Listing Agent

Kaelyn Motzel

Kevin Wood License #0713130 Listed on: 07/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,885

Year Built

  • Built in 1967

Lot Details

  • 0.57 Acre Lot

Parking

  • 1 Parking Space

Home Design

  • Composition Roof

Interior Spaces

  • 6,728 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Golden Acres Elementary School
  • Lomax Middle School
  • Sam Rayburn High School

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Community Details

  • 16 Units
  • Golden Acres Sec 01 Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,885

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: Merge onto East Sam Houston Pkwy S. Turn left onto Spencer Hwy. Turn right onto Lily St. Turn left onto Oak Ave. Turn left. Destination will be on the left.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1967
  • Subdivision Name: Golden Acres Sec 01
  • Unit Levels: One
  • New Construction: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 6728.0

Exterior Features

  • Disclosures: None
  • Roof: Composition

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes

Schools

  • Elementary School: GOLDEN ACRES ELEMENTARY SCHOOL
  • Junior High Dist: 41 - Pasadena
  • High School: SAM RAYBURN HIGH SCHOOL
  • Middle Or Junior School: LOMAX MIDDLE SCHOOL

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10885.0

Multi Family

  • Number Of Units Total: 16

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
07/09/2025 07/09/25 Price Changed $1,275,000 -5.5% $190 / Sq Ft
07/02/2025 07/02/25 For Sale $1,349,000 -- $201 / Sq Ft
Source: Houston Association of REALTORS®

Source: Houston Association of REALTORS®

MLS Number: 36257137

Houston Association of REALTORS®
Texas Harris County Pasadena 77503 Golden Acres

4820 Oak Ave Unit 16, Pasadena, TX

This home is located at 4820 Oak Ave Unit 16, Pasadena, TX 77503 and is currently priced at $1,275,000, approximately $189 per square foot. This property was built in 1967. 4820 Oak Ave Unit 16 is a home located in Harris County with nearby schools including Golden Acres Elementary School, Bondy Intermediate School, and Carter Lomax Middle School.

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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Listing Agent
Kaelyn Motzel
Section Image
Kevin Wood
(346) 220-2209