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$148,597

NAL Estimated Property Value

2121 El Paseo Street 1702, Houston, TX, 77054

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths943 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$132.56 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1984

Land Information

APN1159200170003
SubdivisionCambridge Court Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 1702 BLDG Q .4310 INT COMMON LAND & ELE CAMBRIDGE COURT CONDO PH 2
Census Tract314001
Assessed Land Value$28,233
Assessed Improvement Value$120,364
Assessment Year2025

About this property

Beautifully maintained two-story condo located in Cambridge Court Condos. Newly installed luxury vinyl flooring throughout the living room, breakfast area, stairs, and primary bedroom. The upgraded kitchen comes with a new sink and faucet, cabinet hardware, microwave, range, and dishwasher. Most walls, kitchen cabinet, primary bedroom vanity and all interior doors have been freshly painted. This spacious one-bedroom unit offers one full bath and a half bath, with a thoughtfully designed layout, private balcony, in-unit laundry, and abundant natural light. The primary bedroom comes with a den. The primary bathroom features a tub/shower combination, dual sinks, and ample cabinetry. Enjoy gated community amenities including controlled access, 3 swimming pools, and reserved parking. Fridge (2022)/Washer (2024)/Dryer (2024) will stay. Ideally located just minutes from the Texas Medical Center, NRG Stadium and Rice University—perfect for medical professionals, students or investors.

Investor Tools

Property Icon
$148,597
Estimated Property Value
$84,414Estimated Mortgage Balance
$64,183Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$892 /month
Positive
Cash Flow Estimate:
$297 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
$548/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,581
$148,597
2025
$28,233
$120,364
$148,597
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,581
$148,597

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$96,000
No
First
Apr 20, 2020
May 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,414
$64,183
43%
57%
$576/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,400/mo
$1,124/mo
+$276/mo
11.3%

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 Street 1702 | Property Details | No Agent List