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$113,994

1500 Bay Area Blvd # 321, Houston, TX, 77058

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,035 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$104.35 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Building Information

Year Built1978

Land Information

APN1141900220003
SubdivisionBaywind Condo
Land UseResidential
Legal DescriptionTH 321 BLDG V .00480 INT COMMON LAND & ELE BAYWIND CONDO SEC 2
Census Tract341303
Assessed Land Value$21,659
Assessed Improvement Value$92,335
Assessment Year2025

About this property

Located in the heart of Clear Lake, Texas, this charming two-bedroom, two bathroom condominium offers modern comfort and convenience. Featuring an open floorplan, the unit boasts a spacious living area, a well appointed kitchen with updated appliances, and a private balcony perfect for relaxing. The primary suite includes a walk-in closet and an en suite bathroom, while the second bedroom is ideal for guests or a home office. Enjoy access to community amenities such as a swimming pool, all within close proximity to shopping, dining, and waterfront activities. Dont miss this opportunity to own a beautiful home in a prime location! All info per seller

Investor Tools

Property Icon
$113,994
Estimated Property Value
$0Estimated Mortgage Balance
$113,994Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$684 /month
Positive
Cash Flow Estimate:
$228 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
$413/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,363
$113,994
2025
$21,659
$92,335
$113,994
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,363
$113,994

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$113,994
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$413/mo
+$1,057/mo
15.5%

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 # 321 | Property Details | No Agent List