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Days139Days on Market
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$82,000

2120 El Paseo Street 2422, Houston, TX, 77054

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths588 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$139.46 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer, Refrigerator
FlooringVinyl, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1982
Stories1

Land Information

APN1150040240022
SubdivisionOne Montreal Condo Ph C
Land UseResidential
Legal DescriptionTH 2422 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

Great starter home or perfect for a medical student, resident or fellowship located in the Houston Medical Center. Well maintained, beautiful wood laminate throughout the home. Attached balcony, wood burning fireplace, washer dryer and fridge stay with the home. Steps away from Tennis Courts and Swimming Poll. Gated entrance, assigned covered parking and furniture can stay if desired.

Investor Tools

$59,964Estimated Mortgage Balance
$34,157Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$565 /month
Positive
Cash Flow Estimate:
$188 /month

Interested in this property?

Sheri Brudner

Better Homes and Gardens Real Estate Gary Greene - West Gray

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
$359/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$962
$94,121
2025
$17,883
$76,238
$94,121
No

Tax History

Year
Tax Paid
Assessed Value
2024
$962
$94,121

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$75,905
No
First
Jul 28, 2016
Aug 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,964
$34,157
36%
64%
$456/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$815/mo
+$585/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 Street 2422 | Property Details | No Agent List