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Owner Contacts

$129,073

NAL Estimated Property Value

2120 El Paseo St Apt 3007, Houston, TX, 77054

Off Market

2 Beds

1 Bath

964 Sq Ft

Condos / Townhouses

$129.67 / sqft

Built in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

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

FlooringTile

Building Information

Year Built1982

Stories1

Land Information

APN1150040300007

SubdivisionOne Montreal Condo Ph C

Land UseResidential

Legal DescriptionTH 3007 BLG EE .00399 INT COMMON LAND & ELE ONE MONTREAL CONDO PH C

Census Tract314005

Assessed Land Value$24,524

Assessed Improvement Value$104,549

Assessment Year2025

About this property

Welcome to 2120 El Paseo St #3007 – a charming and well-maintained 2-bedroom, 1-bath condo located in a secure, gated community at the heart of the Texas Medical Center. This spacious unit features an open-concept layout with a bright living area, a dedicated dining space, and a kitchen with ample cabinetry and modern appliances. Both bedrooms are generously sized, and the primary bedroom offers a walk-in closet with direct access to the bathroom. Step outside to a small private outdoor space—ideal for storage or a bit of greenery. Enjoy community amenities like a sparkling pool, tennis courts, clubhouse, and assigned covered parking. With close proximity to the Med Center, NRG Stadium, Rice University, and METRORail, this home offers unbeatable convenience. Whether you’re a first-time buyer, medical professional, or investor, this property is a fantastic opportunity. Schedule your showing today!

Investor Tools

$129,073

Estimated Property Value

$95,584Estimated Mortgage Balance

$33,489Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$774 /month

Positive

Cash Flow Estimate:

$258 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$178/month

$527/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,490

$129,073

2025

$24,524

$104,549

$129,073

Tax History

Year

Tax Paid

Assessed Value

2024

$1,490

$129,073

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Tyler Danf Etal

Purchase Money Mortgage

$96,000

First

Feb 25, 2026

Mar 2031

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$95,584

$33,489

25%

74%

$576/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,670/mo

$1,103/mo

+$567/mo

15.5%

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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