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$103,857

NAL Estimated Property Value

2120 El Paseo St Apt 2405, Houston, TX, 77054

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths588 Sq Ft
price_per_sqft$158.16 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1982
Stories1

Land Information

APN1150040240005
SubdivisionOne Montreal Condo Ph C
Land UseResidential
Legal DescriptionTH 2405 BLDG Y .00271 INT COMMON LAND & ELE ONE MONTREAL CONDO PH C
Census Tract314005
Assessed Land Value$19,733
Assessed Improvement Value$84,124
Assessment Year2025

About this property

Lovely Med Center Condo with large balcony that overlooks the pool. Wonderful natural light, but with plenty of privacy and a 3rd floor view. Beautifully updated with custom soft close cabinets, dishwasher, refrigerator, built-in microwave, and a pantry. The A/C was installed in 2018 along with an Ionizer and Nest Thermostat to control from anywhere (per seller). New vanity, large walk-in closet and stacked washer/dryer. Property has a Club House, two pools and two tennis courts. Gated entrance and assigned parking. Fantastic location walk to UT Dental School and Baylor. Close to the UT shuttle, Downtown, U of H and easy access to major freeways.

Investor Tools

Property Icon
$103,857
Estimated Property Value
$73,933Estimated Mortgage Balance
$29,924Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$623 /month
Positive
Cash Flow Estimate:
$208 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
$248/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,257
$103,857
2025
$19,733
$84,124
$103,857
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,257
$103,857

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$81,900
No
First
Apr 15, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,933
$29,924
28%
71%
$492/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$740/mo
+$660/mo
16.2%

City: Houston

2120 El Paseo St Apt 2405 | Property Details | No Agent List