$1,300
2121 El Paseo St Apt 1403, Houston, TX, 77054
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringCarpet, Tile
Exterior
Exterior FeaturesCourtyard
Building Information
Year Built1984
Land Information
APN1159200140004
SubdivisionCambridge Court Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 1403 BLDG N .3682 INT COMMON LAND & ELE CAMBRIDGE COURT CONDO PH 2
Census Tract314001
Assessed Land Value$20,890
Assessed Improvement Value$89,059
Assessment Year2025
About this property
SIMPLY STUNNING!!! THIS SPACIOUS CORNER UNIT HAS GRAY 2-TONE PAINT, TILE IN THE WET AREAS, AND GRAY LAMINATE FLOORS. GRANITE COUNTERTOPS IN KITCHEN AND BATH, FRENCH DOORS TO A PRIVATE PATIO AREA W/STORAGE CLOSET. STAINLESS APPLIANCES, FULL-CAPACITY STACKABLE WASHER/DRYER AND WATER PROVIDED. JUST A SHORT WALK TO THE UT SHUTTLE AND THE METRO BUS TO BAYLOR.
Investor Tools
$9,014Estimated Mortgage Balance
$101,297Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$660 /month
Positive
Cash Flow Estimate:
$220 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,034
$109,949
2025
$20,890
$89,059
$109,949
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,034
$109,949
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Absolute Lending Inc
N/A
$31,488
N/A
First
Dec 6, 2001
Dec 2031
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$9,014
$101,986
91%
8%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
N/A
+$1,670/mo
18.2%
