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$172,126

NAL Estimated Property Value

2121 El Paseo St Apt 1901, Houston, TX, 77054

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,014 Sq Ft
price_per_sqft$162.72 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1984

Land Information

APN1159200190002
SubdivisionCambridge Court Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 1901 BLDG S .4648 INT COMMON LAND & ELE CAMBRIDGE COURT CONDO PH 2
Census Tract314001
Assessed Land Value$32,704
Assessed Improvement Value$139,422
Assessment Year2025

About this property

LOCATION, LOCATION, LOCATION…Located at prime medical center location, few steps to METRO and UT Transit, this FULLY REMODELED ground level unit IN PRISTINE CONDITION is a rare opportunity! SPACIOUS CORNER UNIT at ground level has 2 BEDROOM and 2 BATH, is the BIGGIEST floor plan in the community. NEW water-resistant SPC floor throughout. Beautiful QUARTZ countertop, NEW CABINETS and all BRAND-NEW STAINLESS APPLIANCES give kitchen a modern look. Spacious living room connects to sunny dining room and has a French door open to an airy patio. Master bedroom has a big walk-in closet. En Suite bathroom RECENTLY REMODELED with DOUBLE SINK, plenty of counter space and cabinets. 2nd bedroom with its own full bathroom and full-size washer/dryer. This unit sits in the quiet gated Cambridge Court, is close to community pool and has plenty of shaded parking spaces. Come take a look…

Investor Tools

Property Icon
$172,126
Estimated Property Value
$160,092Estimated Mortgage Balance
$12,034Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,033 /month
Positive
Cash Flow Estimate:
$344 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$318/month
$564/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,950
$172,126
2025
$32,704
$139,422
$172,126
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,950
$172,126

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Va
$165,000
Yes
First
Sep 6, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,092
$12,034
6%
93%
$990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$1,554/mo
+$116/mo
11.6%

City: Houston

2121 El Paseo St Apt 1901 | Property Details | No Agent List