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$113,994

NAL Estimated Property Value

1500 Bay Area Blvd # 421, Houston, TX, 77058

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,035 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$103.57 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1978
Stories1

Land Information

APN1141900220009
SubdivisionBaywind Condo
Land UseResidential
Legal DescriptionTH 421 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

All about LOCATION! This Condo is ready to make your daily routine E-A-S-Y!! Get ready to move in quick to this very well maintained 2 bedroom, 2 bath spacious condo with large pantry, breakfast bar, and dining room, with a beautiful fire place in living room for those cozy chill nights. Spacious rooms with walk-in closets. Even a shaded private patio for that cool breeze relaxing. When you're ready to, go meet your new neighbors at one of the TWO community pools, the Club House, or even the Gym. All this quiet luxury is located in the heart of Clear Lake. Great access to Colleges. Numerous delicious restaurants and great shopping within minutes in all directions. Just a short drive to Baybrook Mall, Kemah Boardwalk, NASA Space Center, quick i45 access, and many year-round entertainment and activity options.

Investor Tools

Property Icon
$113,994
Estimated Property Value
$92,037Estimated Mortgage Balance
$21,957Estimated Equity
19% 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
$344/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

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$101,365
No
First
Jul 27, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,037
$21,957
19%
81%
$608/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$952/mo
+$518/mo
15.5%

City: Houston

1500 Bay Area Blvd # 421 | Property Details | No Agent List