Property Details

Property Information

Property Details

The Apartments property 3823 Red Bluff Rd 244, Pasadena, TX 77503 is located in Harris County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $14,343,542.

The gross building area is 180,713 square feet and the land area is 497,882 square feet for this Apartment Garden (1 - 4 stories) built in 1961.

Legal description: Trs 4C & 5E Abst 930 Wcrr Co Sec 3

$17,300,000

Guesstimate™

$14,343,542

Market Value

$79.37

Price per SQFT

Aerial map view of 3823 Red Bluff Rd 244, Pasadena, TX 77503

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area180,713

Land Size497,882

Land Value$2,987,292

Improved Value$11,356,250

Total Assessed Value$14,343,542

Year Built1961

County NameHarris

Account Number0460300000024

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

Fireplace1

HeatingForced air unit

Roof TypeGable

Type ConstructionBrick

No of Stories2

Total Rooms1

Bedrooms2

Bathrooms1

PatioAvailable

Walk-in Closets1

School Bus Pickup1

Park Ride Nearby1

Emergency Maintenance1

Number of Units244

Exterior WallsRock, stone

Sales History

6/1/2022

Arms-length$17,300,000

Buyer

Red Pines Pasadena Llc

Seller

Red Pines Apartments Llc

Book Number

2022.286436

Recording Date

6/1/2022

Transaction Details

Red Pines Pasadena Llc acquired the property from Red Pines Apartments Llc through a Arms-length transaction on 6/1/2022 for $17,300,000.

3/30/2021

Arms-length$17,300,000

Buyer

Red Pines Apartments Llc

Seller

Augusta Red Pines Llc

Book Number

2021.165974

Recording Date

3/30/2021

Transaction Details

Red Pines Apartments Llc acquired the property from Augusta Red Pines Llc through a Arms-length transaction on 3/30/2021 for $17,300,000.

7/11/2017

Arms-length$13,664,000

Buyer

Red Pines Pasadena Llc

Seller

The Palms Apt Lp

Book Number

RP-2017-316450

Recording Date

7/11/2017

Transaction Details

Red Pines Pasadena Llc acquired the property from The Palms Apt Lp through a Arms-length transaction on 7/11/2017 for $13,664,000.

6/26/2007

Arms-length$6,750,000

Buyer

Palms Apartments Lp

Seller

Palm Apartments Llc

Book Number

20070405894

Recording Date

6/26/2007

Transaction Details

Palms Apartments Lp acquired the property from Palm Apartments Llc through a Arms-length transaction on 6/26/2007 for $6,750,000.

Property constructed in 1961

Mortgage History

6/1/2022

Sale$22,000,000

Borrower

Joshua D Welch

Lender

Readycap Commercial Llc

Book Number

RP-2022-286437

Recording Date

6/1/2022

Transaction Details

Joshua D Welch borrowed the property from Readycap Commercial Llc through a transaction on 6/1/2022 for $22,000,000.

3/8/2011

Arms length residential transactions purchase or resales$5,350,000

Borrower

The Palms Apartment Lp

Lender

Pillar Multifamily Llc

Book Number

2011.96223

Recording Date

3/8/2011

Transaction Details

The Palms Apartment Lp borrowed the property from Pillar Multifamily Llc through a Arms length residential transactions purchase or resales transaction on 3/8/2011 for $5,350,000.

Property constructed in 1961

Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$2,987,292	$11,356,250	$14,343,542	$14,343,542	Red Pines Pasadena L...	8 Greenway Plaza Ste...	Trs 4C & 5E Abst 930...	9735.01	-	497,882	180,713
2025	$2,987,292	$10,967,592	$13,954,884	$13,954,884	Red Pines Pasadena L...	8 Greenway Plaza Ste...	Trs 4C & 5E Abst 930...	9735.01	Palms Apts	497,882	180,713
2024	$2,987,292	$10,498,836	$13,486,128	$13,486,128	Red Pines Pasadena L...	8 Greenway Plaza Ste...	Trs 4C & 5E Abst 930...	9735.01	Palms Apts	497,882	180,713
2023	$2,987,292	$12,512,708	$15,500,000	$15,500,000	Red Pines Pasadena L...	8 Greenway Plaza Ste...	Trs 4C & 5E Abst 930...	9735.01	PALMS APTS	497,882	180,713
2022	$2,987,292	$10,791,708	$13,779,000	$13,779,000	Red Pines Pasadena L...	8 Greenway Plaza Ste...	Trs 4C & 5E Abst 930...	9735.01	PALMS APTS	497,882	180,713
2021	$2,987,292	$8,437,708	$11,425,000	$11,425,000	Red Pines Apartments...	8 Greenway Plaza Ste...	Trs 4C & 5E Abst 930...	9735.01	PALMS APTS	497,882	180,713
2020	$2,987,292	$8,437,708	$11,425,000	$11,425,000	Augusta Red Pines Ll...	6711 Stella Link Rd ...	Trs 4C & 5E Abst 930...	9735.01	-	497,882	180,713
2019	$2,987,292	$5,462,708	$8,450,000	$8,450,000	Augusta Red Pines Ll...	6711 Stella Link Rd ...	Trs 4C & 5E Abst 930...	9735.01	-	497,882	180,713
2018	$2,987,394	$3,812,606	$6,800,000	$6,800,000	Augusta Red Pines Ll...	6711 Stella Link Rd ...	Trs 4C & 5E Abst 930...	9735.01	-	497,899	180,713
2017	$1,493,697	$4,171,303	$5,665,000	$5,665,000	Augusta Red Pines Ll...	6711 Stella Link Rd ...	Trs 4C & 5E Abst 930...	9729.00	-	497,899	180,713

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3823 Red Bluff Rd 244, Pasadena, TX 77503 – Apartment Garden (1 - 4 stories)

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