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Owner Contacts

$101,759

NAL Estimated Property Value

250 El Dorado Blvd Apt 287, Houston, TX, 77598

Off Market

1 Beds

1 Bath

722 Sq Ft

$128.12 / sqft

Built in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringTile, Vinyl

Exterior

Private Pool

Exterior FeaturesStorage

Building Information

Year Built1979

Stories1

Land Information

APN1143370180006

SubdivisionEl Dorado Way Condo

Land UseResidential

Legal DescriptionTH 287 BLDG S .00407 INT COMMON LAND & ELE EL DORADO WAY CONDO

Census Tract341002

Assessed Land Value$19,334

Assessed Improvement Value$82,425

Assessment Year2025

About this property

ATTENTION Baby Boomers, would you like Freedom to Travel for weeks at a time & not worry about your home? How about drastically reducing your monthly maintenance cost, occasional expensive home repairs, high property taxes & homeowners, wind & flood insurance? How about freeing up the equity in your home so you can follow your Life Long Dreams while you can in Your Golden Years? Then give me a call & come checkout this updated Condo between Hwy 3 & I-45. It's on Ground Level with no steps next to swimming pool? This charming 1 bedroom 1 bath with big living room with fireplace is located near Clear Lake Med Center, HEB, Bay Brook Mall. Inside has Luxury Plank Vinyl floors, updated kitchen with granite countertops, shaker style cabinets & breakfast bar adjoining dining area & living area with fireplace. All kitchen appliances look new. It comes with refrigerator, washer & dryer. The bedroom with large closet adjoins the bathroom. It's not in a Flood Zone & offers low property Tax rate.

Investor Tools

$101,759

Estimated Property Value

$35,905Estimated Mortgage Balance

$65,854Estimated Equity

64% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$611 /month

Positive

Cash Flow Estimate:

$204 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$138/month

$335/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,148

$101,759

2025

$19,334

$82,425

$101,759

Tax History

Year

Tax Paid

Assessed Value

2024

$1,148

$101,759

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ditech Financial Llc

Conventional

$42,000

First

Feb 19, 2019

Mar 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$35,905

$65,854

64%

35%

$252/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,230/mo

$587/mo

+$643/mo

14.5%

Learn About the Market: Opportunity in Houston

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