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$143,034

NAL Estimated Property Value

2121 El Paseo St Apt 1701, Houston, TX, 77054

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths804 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.37 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1984

Land Information

APN1159200170002
SubdivisionCambridge Court Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 1701 BLDG Q .4648 INT COMMON LAND & ELE CAMBRIDGE COURT CONDO PH 2
Census Tract314001
Assessed Land Value$27,176
Assessed Improvement Value$115,858
Assessment Year2025

About this property

Conveniently located 2 bed/1 baths on the second floor overlooking a pool. The living room has vaulted ceilings, French doors to the patio, laminate wood floors(installed 3/2017), a microwave, fresh paint, and new blinds. Access to the Texas Medical Center, VA Hospital, short distance to Downtown, Galleria, major universities, and professional sports arenas. Includes refrigerator, washer/dryer, water/sewer, and 24hr. manned guard gate entry. Please call or text to schedule an appointment. Please contact your realtor to schedule a showing today!

Investor Tools

Property Icon
$143,034
Estimated Property Value
$347Estimated Mortgage Balance
$142,687Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$858 /month
Positive
Cash Flow Estimate:
$286 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,663
$143,034
2025
$27,176
$115,858
$143,034
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,663
$143,034

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sweetwater Mtg Company
N/A
$36,450
N/A
First
Jul 18, 1996
Sep 2011

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$347
$142,687
99%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
N/A
+$1,670/mo
14.0%

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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2121 El Paseo St Apt 1701 | Property Details | No Agent List