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$78,000

NAL Estimated Property Value

1500 Bay Area Blvd # 258, Houston, TX, 77058

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths698 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$136.1 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Free-Standing Range, Dishwasher, Oven, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built1978
Stories1

Land Information

APN1141900120006
SubdivisionBaywind Condo
Land UseResidential
Legal DescriptionTH 258 BLDG L .00329 INT COMMON LAND & ELE BAYWIND CONDO SEC 2
Census Tract341303
Assessed Land Value$15,894
Assessed Improvement Value$61,887
Assessment Year2025

About this property

Updated! Nice Floor Plan! Upstairs Unit. Coveted CCISD schools! Close to NASA, I-45, & Kemah. Updated A/C! New Paint throughout! Updated Granite Kitchen Countertops, New Bosch Dishwasher, Updated Stove w/ Self Cleaning Oven, Deep Sink, Can Lighting, Fridge Included! Custom Faux Stone Fireplace! New Ceiling Fan, Large Bedroom! Spacious Walk-in-Closet and private bath entrance. Updated Bathroom with Granite Countertop, Sink, Faucet & Lighting! Private Covered Balcony great for Relaxing! Interior Washer/Dryer Connections!

Investor Tools

Property Icon
$78,000
Estimated Property Value
$82,259Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$570 /month
Positive
Cash Flow Estimate:
$190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$930
$77,781
2025
$15,894
$61,887
$77,781
No

Tax History

Year
Tax Paid
Assessed Value
2024
$930
$77,781

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$90,250
No
First
Sep 15, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,259
N/A
0%
105%
$542/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,230/mo
$782/mo
+$448/mo
18.9%

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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1500 Bay Area Blvd # 258 | Property Details | No Agent List