6418 Ray Rd Pasadena, TX 77505

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3 beds · 2 baths · 2,005 sq ft · Lot Size: 11,524 sq ft · Single Family Home
Est. Property Value: $321,293

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6418 Ray Rd is in the 77505 neighborhood of Pasadena, TX. It is located in Harris County and ZIP code 77505. This Single Family Home was built in 2001 and is approximately 24 years old. The single family home spans 2005 sq ft with 3 bedrooms and 2 bathrooms and sits on a 11524 sq ft lot. According to public records, it was last sold in 2015 and has a tax-assessed value of $317,867, which is $160 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 6418 Ray Rd Pasadena, TX 77505 with Property Intel by Whitepages.

6418 Ray Rd

Pasadena, TX 77505

Owner Info

Owners & Occupancy for 6418 Ray Rd

This property is owned by Saphi Thi Duong. Owner contact information includes 3 phone numbers and 1 email address.

Property Owners

Cell Phone(713) ***-****View Cell Phone
Residence************
Landline(830) 772-9951
Distance from Property**********
Email Address**********@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 63
Resident 2***********

Property Financials for 6418 Ray Rd

6418 Ray Rd, Pasadena, TX has no known mortgage. The Harris county assessment for 2024 values it at $317,867, with annual taxes of $7,972.

Property Tax

Purchase DateMay 20, 2015
Property Tax Amount$7,972 in 2024
Assessed Value$317,867 on 2024

Investment Potential for 6418 Ray Rd

The property has a current estimated value of $321,293, which is 24% above the zip median, based on public records. It last sold on May 20, 2015. Projected long-term
is $30,000 annually ($2,500 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 77505 zip code
 
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Property Details for 6418 Ray Rd

Property Details

Property Sq Ft

Living Area

2,005 sq ft

17% above market

Lot Size

11,524 sq ft

61% above market

Price Per Sq Ft

Living Area

$160 / sq ft

6% above market

Lot Size Area

$28 / sq ft

22% below market

Property condition, age, exterior, etc. for 6418 Ray R…
Longitude: -95.14083 Latitude: 29.656274 Parcel Number (APN): 120-889-002-0018…

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Discover more single family homes near 6418 Ray Rd in Pasadena, Texas. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 6418 Ray Rd in Harris County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$321,293
$265,694
$55,599 (21%)
YoY Price Change
Year Built
2001
1986
15 years
Living Space
2,005 sq ft
1,660 sq ft
345 (21%)
$ Per Living Sq Ft
$160
$162
-$1 (-1%)
Lot Size
11,524 sq ft
7,500 sq ft
4024 (54%)
$ Per Lot Sq Ft
$28
$34
-$6 (-19%)

Net Operating Income
$14,416
$1,255 (9%)
Annual Revenue
$30,000
$25,200
$4,800 (19%)
$10,685
$3,644 (34%)
Net Operating Income
$14,416
$1,255 (9%)
Cap Rate
5.39%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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