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$96,000

NAL Estimated Property Value

260 El Dorado Boulevard 1506, Houston, TX, 77598

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths806 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$111.66 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Dishwasher, Washer/Dryer, Oven
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1981
Stories1

Land Information

APN1146650140006
SubdivisionEl Dorado Trace Condo
Land UseResidential
Legal DescriptionTH 1506 BLDG P .00297 INT COMMON LAND & ELE EL DORADO TRACE CONDO
Census Tract341002
Assessed Land Value$17,698
Assessed Improvement Value$75,448
Assessment Year2025

About this property

Immaculate, condo ready for it’s next owner! Located on the second floor, this 1 bedroom, 1 bathroom, with a bonus flex room offers a well designed floorplan that is very spacious. Throughout the home you will find laminate flooring with carpet in the bedroom and flex room. In addition, the condo offers an abundance of storage for all your belongings.

Investor Tools

Property Icon
$96,000
Estimated Property Value
$79,460Estimated Mortgage Balance
$16,540Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$576 /month
Positive
Cash Flow Estimate:
$192 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
$268/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$893
$93,146
2025
$17,698
$75,448
$93,146
No

Tax History

Year
Tax Paid
Assessed Value
2024
$893
$93,146

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$86,850
No
First
Nov 17, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,460
$16,540
17%
83%
$521/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,230/mo
$789/mo
+$441/mo
15.4%

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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260 El Dorado Boulevard 1506 | Property Details | No Agent List