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$318,000

1018 El Dorado Blvd, Houston, TX, 77062

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,999 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.08 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size9,749 sqft

Building Information

Year Built1969
Stories1
Garage Spaces2

Land Information

APN0966070000788
Lot Number787,788
SubdivisionClear Lake City
Land UseResidential
Legal DescriptionTRS 787A & 788 BLK 48 SW 50 FT OF LT 787 & NE 25 FT OF LT 788 CLEAR LAKE CITY SEC 4
Census Tract340501
Assessed Land Value$52,068
Assessed Improvement Value$192,932
Assessment Year2025

About this property

This is a MUST SEE! Beautifully updated 3-bedroom, 2-bath open concept home featuring a lovely pool- perfect for relaxing. Ideally located within walking distance of Exploration Green and nearby schools with easy access to i45. Recent updates include a kitchen remodel with new countertops, backsplash, appliances, soft close cabinets, drawers with stylish contemporary finishes. Windows in the kitchen, living area and secondary bedrooms have been replaced with a transferable warranty. Additional improvements include a new roof 2024, plumbing replaced 2021, Flooring in the living room and kitchen 2016, AC 2019, and much more. Per-Seller-Never flooded.

Investor Tools

$111,302Estimated Mortgage Balance
$203,698Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,908 /month
Positive
Cash Flow Estimate:
$636 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
$70/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,060
$245,000
2025
$52,068
$192,932
$245,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,060
$245,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$125,025
No
First
Nov 25, 2020
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,302
$203,698
64%
35%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$820/mo
+$902/mo
6.6%

City: Houston