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$94,121

2120 El Paseo St Apt 2409, Houston, TX, 77054

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths588 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$170.05 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Dryer, Refrigerator, Washer
FlooringBamboo, Tile

Building Information

Year Built1982
Stories1

Land Information

APN1150040240009
SubdivisionOne Montreal Condo Ph C
Land UseResidential
Legal DescriptionTH 2409 BLDG Y .00271 INT COMMON LAND & ELE ONE MONTREAL CONDO PH C
Census Tract314005
Assessed Land Value$17,883
Assessed Improvement Value$76,238
Assessment Year2025

About this property

Welcome to this gorgeous, fully updated and well-maintained 1Br/1Bth condo in the gated community of One Montreal. Home features a modern kitchen open to the breakfast area and living room, abundant natural light, and in-unit utility room. Updates include fresh paint, bamboo floors, renovated kitchen and bathroom, and designer touches throughout. Enjoy a cozy private patio with brick fencing and greenery—perfect for relaxing. Prime location near UT shuttle & Metro bus, Dental School, Rice University, U of H, Rice Village, Houston Zoo! Short commute to Med Center, downtown, NRG, and parks like Hermann Park & Brays Bayou. Easy access to 45, 610, 288! Check out the 3D tour!

Investor Tools

Property Icon
$94,121
Estimated Property Value
$83,600Estimated Mortgage Balance
$27,722Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$600 /month
Positive
Cash Flow Estimate:
$200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,411
$94,121
2025
$17,883
$76,238
$94,121
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,411
$94,121

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$83,600
No
First
Aug 15, 2016
Sep 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,399
$27,722
29%
71%
$502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$862/mo
+$538/mo
17.8%

Learn About the Market: Opportunity in Houston

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Explore

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 2409 | Property Details | No Agent List