Real Estate Investing in Pasadena, Texas (77502)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77502 (Pasadena, TX)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Pasadena, TX (77502)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77502 Pasadena
ZIP 77502 in Pasadena, TX carries a robust set of headwinds. Home values near $208K and rents of $1,749/mo sit inside a market where underwriting has to be tight.
Rent of $1,749/mo on a $208K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 77502 sits below the stated 0.0% once reality is priced in.
On the rental side, 77502 offers a low basis, the region around Pasadena has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Stepping back, 36,126 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 77502 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Pasadena:
Property Strategy for 77502
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $162,606 | $1,370 | 6.1% | +3.7% | $81,303 |
| 3BR | $197,564 | $1,840 | 6.7% | +4.1% | $65,855 |
| 4BR | $235,179 | $2,300 | 7.0% | +4.5% | $58,795 |
| 5BR | $273,351 | — | — | +4.4% | $54,670 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77502 Compare?
| Metric | 77502 | Pasadena | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $208,225 | $193,688 | N/A | $297,000 |
| 5-Year CAGR | 2.5% | 2.7% | N/A | 5.4% |
| Avg Rent | $1,749 | $1,433 | N/A | - |
| Cap Rate | 6.6% | 5.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 77502 (Pasadena, TX). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 77502 (Pasadena, TX)?
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Property managers serving Harris County
Manage rentals here? List your business →SBB Community Management provides Texas HOA management services, including financial management, property maintenance, and technology solutions, serving Dallas, Fort Worth, and Houston since 1974. summary from their website
KPM Property Management offers end-to-end solutions including pre-acquisition due diligence, on-site property management, and development of townhomes in the Houston area. summary from their website
SBB Community Management provides Texas HOA management services for homeowners associations, condominium associations, and master-planned communities across Dallas, Fort Worth, and Houston. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $208,225 |
| Monthly Rent | $1,749 |
| Price-to-Rent | 9.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 10.1% |
| Cap Rate | 6.6% |
| 5-Year IRR | 9.1% |
📈 Home Appreciation
| 1-Year | +0.7% ▲ |
| 3-Year CAGR | -0.5% ▼ |
| 5-Year CAGR | +2.5% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.6%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 77502
Population: 36,126
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 77502
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 43,754 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the renter demographic in Pasadena, TX?
The renter base in Pasadena, TX is reasonable for the $1,749/mo price point. Screening well and pricing to market typically yields steady tenants.
Is real estate in Pasadena, TX a good investment right now?
Investors tracking Pasadena, TX will find a 3.0/5 rating supported by $208K median home values and $1,749/mo rents. That profile suits long-term holders targeting predictable returns.
What is the typical home price in Pasadena, TX?
Median home price in Pasadena, TX is near $208K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
What is the best play in Pasadena, TX?
The best-fit strategy in Pasadena, TX is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
What are vacancy rates like in Pasadena, TX?
Pasadena, TX carries elevated vacancy risk. Expect stable absorption at market rents of $1,749/mo.
You know 77502 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77502 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 77502 ranks in Houston-The Woodlands-Sugar Land, TX
Every ZIP in this metro, ranked. Free.
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