Paine H A Sec 02 Real Estate

Welcome to Paine H A Sec 02, a hidden gem nestled in the vibrant city of Pasadena, Texas. This charming subdivision offers a unique blend of suburban tranquility and urban convenience, making it an ideal place to call home. Located in Harris County, Paine H A Sec 02 is just a short drive from downtown Houston, providing residents with easy access to a wealth of dining, shopping, and entertainment options.

One of the standout features of Paine H A Sec 02 is its welcoming community atmosphere. Tree-lined streets and well-maintained homes create a picturesque setting that invites families, professionals, and retirees alike. The subdivision is known for its friendly neighbors and a strong sense of community, making it a wonderful place to forge lasting friendships.

Residents of Paine H A Sec 02 enjoy a variety of nearby amenities, including parks, schools, and recreational facilities. Families will appreciate the proximity to quality educational institutions, ensuring that children receive an excellent education. For outdoor enthusiasts, local parks offer ample opportunities for leisurely strolls, picnics, and sports activities.

The real estate market in Paine H A Sec 02 features a diverse range of properties, from cozy single-family homes to spacious residences, catering to various lifestyles and budgets. Whether you are a first-time homebuyer or looking to settle down in a peaceful neighborhood, this subdivision has something for everyone.

Discover the charm and convenience of Paine H A Sec 02, where a vibrant community awaits you in the heart of Pasadena, Texas. Come explore the possibilities and find your dream home in this delightful subdivision!

Newest Listings in Paine H A Sec 02

$599,000

3 Beds ⋅ 2 Baths ⋅ 27545322 MLS

HIGH-YIELD VALUE-ADD 4-PLEX IN PASADENA - ALREADY SECTION 8 APPROVED Purchase through a (QOF) Incredible opportunity to acquire a cash-flowing Pasadena 4-plex positioned for an immediate equity push. Currently managed by a long-term, mom-and-pop owner, the asset is primed for a strategic investor to step in and capture massive operational upside. By implementing a Ratio Utility Billing System (RUBS), a new owner can wipe out $7,200 in annual owner-paid utilities, transferring that value straight to the bottom line. Skip the red tape—the property is already approved for the Section 8 program, making it a turnkey transition for a high-performing voucher portfolio. Aligning the units with local Housing Choice Voucher limits ($1,260 for 2-beds / $1,700 for 3-beds) unlocks a robust $71,040 gross annual income. Priced to deliver a highly competitive 7.5% Cap Rate upon optimization, this asset perfectly blends immediate government-backed income stability with premier value-add potential.

1210 Wafer St Unit 4, Pasadena

Start Your Search

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: