Real Estate Investing in Pasadena, Texas (77504)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 77504 (Pasadena, TX)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.2% vacancy may signal weakening demand.
What’s happening in Pasadena, TX (77504)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 77504 Pasadena
Investors eyeing 77504 need to respect the fundamentals at play. Home values of $268K come alongside slower price movement and elevated management overhead.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 77504 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
ZIP 77504's metrics run below Harris County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 77504 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 77504 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Pasadena:
Property Strategy for 77504
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $85,061 | $1,170 | 9.9% | +4.8% | $85,061 |
| 2BR | $141,074 | $1,390 | 7.1% | +3.7% | $70,537 |
| 3BR | $249,156 | $1,870 | 5.4% | +5.3% | $83,052 |
| 4BR | $327,756 | $2,330 | 5.1% | +5.3% | $81,939 |
| 5BR | $388,835 | — | — | +5.1% | $77,767 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 77504 Compare?
| Metric | 77504 | Pasadena | Houston-The Woodlands-Sugar Land, TX | Texas |
|---|---|---|---|---|
| Home Value | $267,954 | $193,688 | N/A | $297,000 |
| 5-Year CAGR | 3.5% | 2.7% | N/A | 5.4% |
| Avg Rent | $1,245 | $1,433 | N/A | - |
| Cap Rate | 3.6% | 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 77504 (Pasadena, TX). Anonymous, moderated, never written by AI.
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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 | $267,954 |
| Monthly Rent | $1,245 |
| Price-to-Rent | 17.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.6% |
| 5-Year IRR | 7.1% |
📈 Home Appreciation
| 1-Year | +1.1% ▲ |
| 3-Year CAGR | +1.1% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | +4.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 77504
Population: 25,758
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 77504
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
EARNESTEEN MILSTEAD MIDDLE
FREEMAN EL
GENOA EL
SOUTH HOUSTON INT
SPARKS EL
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 27,511 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What strategy should investors use in Pasadena, TX?
For Pasadena, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
What price range are homes in Pasadena, TX?
Typical homes in Pasadena, TX go for around $268K. The 5-year CAGR of 0.0% measured price movement.
What is the investability score for Pasadena, TX?
Pasadena, TX scores 3.0/5 for investability. Home values sit at $268K and rents near $1,245/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Does house hacking work in Pasadena, TX?
House hacking in Pasadena, TX is a challenging. With home values around $268K and rents at $1,245/mo, owner-occupants can offset a meaningful share of PITI.
What kind of vacancy should I budget for in Pasadena, TX?
Vacancy risk in Pasadena, TX is elevated. That supports steady cash flow for typical rental holds.
You know 77504 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 77504 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 77504 ranks in Houston-The Woodlands-Sugar Land, TX
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