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$233,000

NAL Estimated Property Value

1116 Bering Dr Drive 28, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,610 Sq Ft
price_per_sqft$158.39 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringVinyl

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1142290100001
SubdivisionBerington Place Condo
Land UseResidential
Legal DescriptionUNIT 28 BLDG J .026024 INT COMMON LAND & ELE BERINGTON PLACE CONDO
Census Tract431506
Assessed Land Value$35,530
Assessed Improvement Value$151,470
Assessment Year2025

About this property

Experience refined living in this impeccably maintained 2-bedroom, 2.5-bath townhome in the heart of the Galleria, perfect for first-time home buyers or those looking to downsize without compromising on style or comfort. This beautifully updated home features upgraded flooring throughout, a fully upgraded plumbing system, and a brand-new washer and dryer for modern convenience. Spacious interiors and well-appointed bedrooms with private en-suite baths create a functional yet elegant living space. Ideally located just minutes from Houston’s premier luxury shopping, fine dining, and entertainment destinations, this home offers the perfect balance of sophistication, convenience, and low-maintenance living in one of the city’s most desirable areas. W/D/F and furnitures are included!

Investor Tools

Property Icon
$233,000
Estimated Property Value
$119,137Estimated Mortgage Balance
$113,863Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
$378/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,806
$187,000
2025
$35,530
$151,470
$187,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,806
$187,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
N/A
$150,000
N/A
First
Sep 24, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,137
$113,863
48%
51%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,278/mo
+$262/mo
7.9%

City: Houston

1116 Bering Dr Drive 28 | Property Details | No Agent List