$109,999
250 El Dorado Blvd Apt 190, Houston, TX, 77598
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl
Exterior
Exterior FeaturesBalcony
Building Information
Year Built1979
Land Information
APN1143370100009
SubdivisionEl Dorado Way Condo
Land UseResidential
Legal DescriptionTH 190 BLDG K .00541 INT COMMON LAND & ELE EL DORADO WAY CONDO
Census Tract341002
Assessed Land Value$22,473
Assessed Improvement Value$95,806
Assessment Year2025
About this property
CLEAR LAKE AREA! Don't miss this fantastic opportunity to own a 2-bedroom, 2-bathroom condo in the heart of Webster/Clear Lake! Whether you're a first-time homebuyer, investor, or looking to downsize, this condo offers comfort, convenience, and an unbeatable location. WHY RENT? This condo is in a GREAT LOCATION and WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put this property in your name and make this your dream home.
Investor Tools
$46,521Estimated Mortgage Balance
$72,119Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$710 /month
Positive
Cash Flow Estimate:
$237 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
$413/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,170
$118,279
2025
$22,473
$95,806
$118,279
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,170
$118,279
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Specialty Homes Lp
Non-Purchase Money Mortgage / Home Equity
$47,500
No
First
Mar 7, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$46,521
$71,758
60%
39%
$285/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$698/mo
+$772/mo
14.9%
