Paine H A Sec 02 Real Estate

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 location for families, professionals, and retirees alike.

Paine H A Sec 02 is characterized by its well-maintained streets, friendly neighbors, and a welcoming atmosphere that fosters a strong sense of community. The area features a variety of homes, from cozy single-family residences to spacious properties, catering to diverse lifestyles and preferences. With lush green spaces and thoughtfully landscaped yards, residents can enjoy a serene environment right outside their doors.

Located in Harris County, this subdivision benefits from Pasadena’s rich cultural heritage and modern amenities. Residents have easy access to local parks, shopping centers, and dining options, ensuring that everything you need is just a short drive away. The nearby Pasadena Town Square and the bustling East Pasadena area offer a plethora of choices for entertainment and leisure.

Families in Paine H A Sec 02 will appreciate the proximity to quality schools, making it a great place to raise children. The community’s commitment to education is evident, with several highly-rated schools within a short distance.

Moreover, the convenient access to major highways and thoroughfares ensures that commuting to nearby Houston and surrounding areas is a breeze. Whether you’re looking for a peaceful retreat or a vibrant community, Paine H A Sec 02 is a place where you can truly feel at home. Come explore this delightful neighborhood and discover the lifestyle that awaits you!

Newest Listings in Paine H A Sec 02

1210 Wafer St Unit 4, Pasadena
$599,000
3 Beds ⋅ 2 Baths ⋅ 27545322 MLS ⋅ ACTIVE Status
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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