Paine H A Sec 02 Real Estate

Welcome to Paine H A Sec 02, a charming subdivision nestled in the heart of Pasadena, Texas. This delightful community offers a perfect blend of suburban tranquility and urban convenience, making it an ideal location for families, professionals, and retirees alike.

Paine H A Sec 02 is characterized by its inviting atmosphere, featuring tree-lined streets and well-maintained homes that reflect a variety of architectural styles. Residents enjoy a close-knit community vibe, where neighbors become friends and children can play safely in the yards and parks nearby. The subdivision is known for its friendly spirit, making it easy to feel at home from the moment you arrive.

Conveniently located within Harris County, Paine H A Sec 02 provides easy access to major highways, allowing for quick commutes to Houston and surrounding areas. This prime location means you can enjoy the vibrant city life of Houston while returning to the peaceful sanctuary of your home.

Nearby, you’ll find an array of shopping, dining, and entertainment options. The local parks and recreational facilities offer plenty of opportunities for outdoor activities, whether you enjoy picnicking, jogging, or simply soaking up the sun. Families will appreciate the quality schools in the area, ensuring that children receive an excellent education.

In Paine H A Sec 02, you’re not just buying a home; you’re investing in a lifestyle. Experience the warmth of community living in this lovely Pasadena subdivision, where every day feels like a retreat. Come explore what makes this neighborhood a truly special place to call home!

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

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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.

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