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$131,478

2120 El Paseo St Apt 2201, Houston, TX, 77054

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths789 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$158.43 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Vinyl

Building Information

Year Built1981
Stories1

Land Information

APN1150040220001
SubdivisionOne Montreal Condo Ph B
Land UseResidential
Legal DescriptionUNIT 2201 BLDG V .00322 INT COMMON LAND & ELE ONE MONTREAL CONDO PH B
Census Tract314005
Assessed Land Value$24,981
Assessed Improvement Value$106,497
Assessment Year2025

About this property

Just off of Old Spanish Trail & in the heart of the Houston Medical Center, this STUNNING condo is situated at the perfect location for quick access to work and play. One Montreal Place Condominiums is a gated community with remote access. Amenities in the community include a private swimming pool, large tennis courts and covered parking. When walking into the unit, the door to the left will take you to the bedroom/bathroom which are conveniently secluded in their own"wing." In the bathroom, enjoy stacked W/D connections, new granite countertops and towel bars as well as a shower tub combo. Connected to the bathroom by a large sliding wooden door, the bedroom features gorgeous carpets, a spacious closet & large window. In the main wing of the condo, you will find the enormous family room connected to a breakfast area and kitchen boasting gleaming granite counter tops &new luxury vinyl fllooring.. The family/breakfast space is perfect for large sectionals & dining sets! WOW!

Investor Tools

Property Icon
$131,478
Estimated Property Value
$117,200Estimated Mortgage Balance
$20,346Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$789 /month
Positive
Cash Flow Estimate:
$263 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
$351/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,383
$131,478
2025
$24,981
$106,497
$131,478
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,383
$131,478

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midfirst Bank
Conventional
$117,200
No
First
Jul 28, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,132
$20,346
15%
85%
$703/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$1,054/mo
+$346/mo
12.8%

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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2120 El Paseo St Apt 2201 | Property Details | No Agent List