$97,850
2120 El Paseo Street 2406, Houston, TX, 77054
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringLaminate
Exterior
Exterior FeaturesCourtyard
Building Information
Year Built1982
Stories1
Land Information
APN1150040240006
SubdivisionOne Montreal Condo Ph C
Land UseResidential
Legal DescriptionTH 2406 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
SIMPLY STUNNING!!! THIS GROUND LEVEL 1 BEDROOM, 1 BATH HAS BEEN UPDATED WITH LAMINATE FLOORS, 2-TONE PAINT AND GRANITE COUNTERTOPS PLUS A STACKABLE WASHER/DRYER. THE QUIET/GATED COMMUNITY IS JUST A SHORT WALK TO THE UT SHUTTLE OR DENTAL SCHOOL AND THE METRO BUS STOP 60 TO BAYLOR AND THE TMC AREA. THE COMPLEX HAS ON-SITE MANAGEMENT, 2 POOLS, CLUBHOUSE AND TENNIS/PICKLE BALL COURTS. EACH UNIT HAS AN ASSIGNED/COVERED PARKING SPACE. THIS UNIT IS VACANT AND READY TO GO!!!
Investor Tools
$0Estimated Mortgage Balance
$103,857Estimated Equity
100% 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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
$359/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
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$103,857
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$359/mo
+$1,041/mo
16.2%
