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$103,687

NAL Estimated Property Value

1500 Bay Area Blvd # 287, Houston, TX, 77058

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths970 Sq Ft
price_per_sqft$103.09 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Building Information

Year Built1978
Stories1

Land Information

APN1141900160011
SubdivisionBaywind Condo
Land UseResidential
Legal DescriptionTH 287 BLDG P .00480 INT COMMON LAND & ELE BAYWIND CONDO SEC 2
Census Tract341303
Assessed Land Value$19,701
Assessed Improvement Value$83,986
Assessment Year2025

About this property

Welcome to this charming 2 bed, 2 bath condo in Clear Lake offering a convenient layout with a spacious living area, dining space, and efficient kitchen. Both bedrooms feature en-suite bathrooms and walk-in closets. In-unit laundry connections and two parking spaces are included. Relax on the private balcony. enjoy the community amenities which include a pool, clubhouse, fitness center, and green spaces. Close to NASA, University of Houston Clear Lake, Baybrook Mall, and Kemah Boardwalk. Easy access to I-45 for commuting. ***Washer, dryer, fridge, and wall-mounted TV included*** ***See attachments for Seller Notes ***Parking spaces are 272 & 273....See photos for location*** ***Buyer to verify measurements and information***

Investor Tools

Property Icon
$103,687
Estimated Property Value
$44,428Estimated Mortgage Balance
$59,259Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$622 /month
Positive
Cash Flow Estimate:
$207 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$126/month
$455/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$992
$103,687
2025
$19,701
$83,986
$103,687
No

Tax History

Year
Tax Paid
Assessed Value
2024
$992
$103,687

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
State Farm Bank Fsb
Conventional
$55,640
No
First
Nov 7, 2016
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,428
$59,259
57%
43%
$334/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$789/mo
+$681/mo
17.0%

City: Houston

1500 Bay Area Blvd # 287 | Property Details | No Agent List