902 Thomas Ave Pasadena, TX 77506
Downtown Pasadena NeighborhoodEstimated payment $2,574/month
Highlights
- Corner Lot
- Central Heating and Cooling System
- 1-Story Property
About This Home
Excellent investment opportunity featuring four income-producing units on a corner lot. The main home offers 3 bedrooms and 1 bath. The rear building includes two efficiency units, each with long-term tenants in place, plus an upstairs unit with 2 bedrooms and 1 bath. All tenants have occupied their units between 5 and 20 years, providing stable rental income and consistent occupancy. Each unit is separately metered for electricity, and the property has been well maintained. Ideal for investors seeking a turnkey multifamily property with proven cash flow and convenient access to refineries, Port Houston, and major employment centers.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,682
Year Built
- Built in 1947
Lot Details
- 6,120 Sq Ft Lot
- Corner Lot
Home Design
- Quadruplex
- Composition Roof
Interior Spaces
- 990 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Schools
- Gardens Elementary School
- De Zavala Middle School
- Pasadena High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
Community Details
- 4 Units
- Pasadena Heights Sec 01 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,811 | $271,209 | $56,984 | $214,225 |
| 2024 | $6,811 | $276,444 | $56,984 | $219,460 |
| 2023 | $6,811 | $294,422 | $48,843 | $245,579 |
| 2022 | $6,541 | $259,141 | $48,843 | $210,298 |
| 2021 | $5,632 | $212,421 | $43,416 | $169,005 |
| 2020 | $5,444 | $198,414 | $43,416 | $154,998 |
| 2019 | $5,140 | $176,632 | $35,005 | $141,627 |
| 2018 | $2,130 | $148,942 | $29,849 | $119,093 |
| 2017 | $3,889 | $141,767 | $29,849 | $111,918 |
| 2016 | $3,554 | $129,556 | $17,638 | $111,918 |
| 2015 | $2,702 | $98,300 | $17,638 | $80,662 |
| 2014 | $2,702 | $98,300 | $17,638 | $80,662 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/27/2025 12/27/25 | Price Changed | $385,000 | -1.3% | $389 / Sq Ft | |
| 12/18/2025 12/18/25 | Price Changed | $389,900 | -1.5% | $394 / Sq Ft | |
| 12/12/2025 12/12/25 | Price Changed | $395,990 | -1.0% | $400 / Sq Ft | |
| 12/04/2025 12/04/25 | Price Changed | $399,999 | -1.2% | $404 / Sq Ft | |
| 11/29/2025 11/29/25 | Price Changed | $405,000 | -1.2% | $409 / Sq Ft | |
| 11/22/2025 11/22/25 | Price Changed | $410,000 | -1.2% | $414 / Sq Ft | |
| 11/18/2025 11/18/25 | Price Changed | $415,000 | -1.2% | $419 / Sq Ft | |
| 11/12/2025 11/12/25 | Price Changed | $420,000 | -2.3% | $424 / Sq Ft | |
| 11/09/2025 11/09/25 | Price Changed | $430,000 | -1.1% | $434 / Sq Ft | |
| 10/30/2025 10/30/25 | Price Changed | $435,000 | -3.3% | $439 / Sq Ft | |
| 10/17/2025 10/17/25 | For Sale | $450,000 | 0.0% | $455 / Sq Ft | |
| 02/06/2021 02/06/21 | For Rent | $1,400 | 0.0% | -- | |
| 02/06/2021 02/06/21 | Rented | $1,400 | 0.0% | -- | |
| 12/21/2020 12/21/20 | Sold | -- | -- | -- | View Prior Sale |
| 11/21/2020 11/21/20 | Pending | -- | -- | -- | |
| 04/18/2020 04/18/20 | For Sale | $250 | -- | $0 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Independence Title Company | |
| Deed | -- | Independence Title Company | |
| Contract Of Sale | $80,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | Title Agency #26 | |
| Warranty Deed | -- | Title Agency #26 | |
| Trustee Deed | $60,291 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $204,250 | New Conventional | |
| Closed | $204,250 | New Conventional | |
| Previous Owner | $40,000 | Seller Take Back |
Source: Houston Association of REALTORS®
MLS Number: 60797381
APN: 0690830000010
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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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