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$247,800

NAL Estimated Property Value

1201 Bering Dr Unit 22, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,173 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$212.28 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1133070000004
SubdivisionSeven Oaks T/H
Land UseResidential
Legal DescriptionUNIT 22 BLDG D .010031 INT COMMON LAND & ELE SEVEN OAKS T/H CONDO
Census Tract431506
Assessed Land Value$47,082
Assessed Improvement Value$200,718
Assessment Year2025

About this property

Beautifully updated and meticulously maintained 2 bed 2 bath condo in the tranquil Seven Oaks community. This charming home is ideally tucked away towards the back of the subdivision, with close proximity to the pool. Extensively renovated with modern finishes and essential upgrades, this amazing condo boasts recently installed wood floors, recent double paned windows, recent kitchen appliances, remodeled baths, designer paint colors, recessed lighting, recent HVAC and ductwork, just to name a few! Living area accented with elegant WB fireplace, vaulted ceiling and French door leading to a private balcony. Capacious Primary Bedroom features 2 large walk in closets. Oversized garage with recently installed garage door and equipment, full size washer/dryer and an abundance of storage space, with private stairwell also recently carpeted. Outstanding Galleria area location convenient to YMCA, Tanglewood Park, highly rated schools and Houston's finest eateries... don't miss this gem!

Investor Tools

Property Icon
$247,800
Estimated Property Value
$140,332Estimated Mortgage Balance
$107,468Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
$458/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,596
$247,800
2025
$47,082
$200,718
$247,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,596
$247,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amegy Mortgage Company Llc
Conventional
$175,750
No
First
Oct 28, 2016
Nov 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,332
$107,468
43%
57%
$1,054/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,512/mo
+$28/mo
7.5%

City: Houston

1201 Bering Dr Unit 22 | Property Details | No Agent List