235Days on Market

1view

$1,450

2120 El Paseo St Apt 2003, Houston, TX, 77054

On Market

2 Beds

2 Bath

1,140 Sq Ft

Condos / Townhouses

$1.27 / sqft

Built in 1981

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher

FlooringTile, Wood

Building Information

Year Built1981

Stories1

Land Information

APN1150040200003

SubdivisionOne Montreal Condo Ph B

Land UseResidential

Legal DescriptionUNIT 2003 BLDG T .00438 INT COMMON LAND & ELE ONE MONTREAL CONDO PH B

Census Tract314005

Assessed Land Value$28,004

Assessed Improvement Value$119,384

Assessment Year2025

About this property

HTX Living at it's finest in the Texas Med Center! This ground-floor unit is complete with a private patio, one assigned parking space and a 10 x 7 storage room. The condo has a split bedroom floor plan, spacious living room, separate living room, separate dining room, cozy wood burning fireplace and lots of natural light. The primary bedroom has an en-suite bathroom with a large walk-in closet. The home has recent paint, mirrors, light fixtures & comes with appliances. The beautiful and well maintained complex has two pools, tennis courts, clubhouse, and controlled gates. GREAT location with excellent walkability to the Metro.

Investor Tools

$94,883Estimated Mortgage Balance

$53,248Estimated Equity

35% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$884 /month

Positive

Cash Flow Estimate:

$295 /month

Interested in this property?

Jessica McCreary

Compass RE Texas, LLC - The Heights

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$342/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,361

$147,388

2025

$28,004

$119,384

$147,388

Tax History

Year

Tax Paid

Assessed Value

2024

$3,361

$147,388

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Security National Mortgage Co

Conventional

$117,900

First

Jan 12, 2017

Feb 2047

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$94,883

$52,505

35%

64%

$707/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,670/mo

$707/mo

+$963/mo

13.6%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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