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4831 Sycamore Ave APT 16, Pasadena, TX, 77503

1beds
1baths
9,470sqft
$1,200,000
$127price/sqft
$9,243/moest. monthly cost
$369,720/yrincome needed

About This Home

Sycamore Flats is a 17-unit multifamily asset built in 1963 and underwent an extensive renovation in 2022-23. Strategically located just 20 miles southeast of downtown Houston, this property offers exceptional access to major employment centers, highways, and airports. The recent renovations have transformed Sycamore Flats into a modern and desirable living space, featuring modernized interiors, durable metal roofing, and virtually no deferred maintenance. This turnkey investment provides immediate growth potential, allowing investors to capitalize on a 5-year hold by maximizing rents and addressing loss to lease. Don't miss out on this incredible opportunity! Sycamore Flats is a rare find in today's market, offering a combination of strong location, recent renovations, and immediate growth potential. Contact us today to learn more and secure your investment.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

3/10
7/10
3/10
Sam Rayburn High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1963

Materials

  • Roof: Metal

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Electric

Interior Area

  • Total structure area: 9,470
  • Total interior livable area: 9,470 sqft

Property

Details

  • Parcel number: 0612060580196

Features

  • Stories: 1

Lot

  • Lot size: 0.56 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tornado
Hurricane
Heat Wave
Cold Wave
Inland Flooding
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance *$1,597$19,164
Property Taxes $540$6,480
Electricity $1,039$12,478
Total$9,243$110,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$316,902/yr
40% on housing$277,290/yr
45% on housing$246,480/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$127This listing

vs Other Active Listings

Avg $/sqft

ZIP 77503$116
Harris County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 77503$136
Harris County$154

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-06-24Listed for sale$1,360,000
2023-04-12Listing removed--
2023-02-28Listed for rent$600
2022-11-21Listing removed--
2022-11-10Listed for rent$975

For Sale by Agent

AgentSheila Montilla Sequera
BrokerageeXp Realty LLC

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