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$115,000

250 El Dorado Boulevard 229, Houston, TX, 77598

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,001 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$114.89 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate, Tile

Building Information

Year Built1979
Stories1

Land Information

APN1143370140008
SubdivisionEl Dorado Way Condo
Land UseResidential
Legal DescriptionTH 229 BLDG O .00621 INT COMMON LAND & ELE EL DORADO WAY CONDO
Census Tract341002
Assessed Land Value$21,779
Assessed Improvement Value$92,849
Assessment Year2025

About this property

Welcome to this beautifully maintained and newly painted 2-bedroom, 2 full bath condominium offering 1,001 sqft of comfortable living space in a highly desirable and convenient location. Situated on the ground floor, this home provides easy access and a functional layout perfect for comfortable everyday living. Conveniently located in the heart of the Clear Lake area, this condo offers quick access to I-45, making commuting to Houston, Galveston, and surrounding areas easy and convenient. Enjoy being just minutes from schools, shopping centers, restaurants, parks, and everyday amenities. Whether you are a first-time homebuyer, downsizing, or searching for a great investment opportunity, this charming condo offers comfort, convenience, and value in one package. Schedule your private showing today!

Investor Tools

$79,060Estimated Mortgage Balance
$35,568Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$690 /month
Positive
Cash Flow Estimate:
$230 /month

Interested in this property?

Gijo Abraham

Star Choice Realtors,LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$156/month
$530/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,293
$114,628
2025
$21,779
$92,849
$114,628
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,293
$114,628

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$86,250
No
First
Jan 28, 2022
Feb 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,060
$35,568
31%
69%
$518/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,048/mo
+$422/mo
15.4%

City: Houston