$130,000
2120 El Paseo Street 408, Houston, TX, 77054
On Market
Property Lead Type:
High EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Tile
Building Information
Year Built1980
Stories1
Land Information
APN1150040040008
SubdivisionOne Montreal Condo Ph A
Land UseResidential
Legal DescriptionUNIT 408 BLDG D .00399 INT COMMON LAND & ELE ONE MONTREAL CONDO PH A
Census Tract314005
Assessed Land Value$23,678
Assessed Improvement Value$100,944
Assessment Year2025
About this property
SPACIOUS UPPER/CORNER UNIT WITH LIVING/DINING COMBINATION, LAMINATE FLOORS THROUGHOUT, 2-TONE PAINT, GALLEY KITCHEN WITH GRANITE COUNTERTOPS, AND LARGE BEDROOMS. QUIET/GATED COMMUNITY WITH ON-SITE MANAGEMENT, CLUBHOUSE, TENNIS/PICKLE BALL COURTS AND 2 POOLS ON PROPERTY. COVERED PARKING SPACE #220 NEXT TO STAIRS. WATER PROVIDED, AND A SHORT WALK TO THE UT SHUTTLE/UT DENTAL SCHOOL AND METRO BUS #60 TO BAYLOR!
Investor Tools
$0Estimated Mortgage Balance
$127,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$780 /month
Positive
Cash Flow Estimate:
$260 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
$527/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,410
$124,622
2025
$23,678
$100,944
$124,622
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,410
$124,622
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$127,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$527/mo
+$1,143/mo
15.8%
