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$103,027

NAL Estimated Property Value

1516 Bay Area Blvd Apt B8, Houston, TX, 77058

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths936 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$113.78 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1119470000008
SubdivisionBaywind Condo
Land UseResidential
Legal DescriptionTH 8 BLDG B .00518 INT COMMON LAND & ELE BAYWIND CONDO SEC 1
Census Tract341303
Assessed Land Value$19,575
Assessed Improvement Value$83,452
Assessment Year2025

About this property

Must See Condo!! Ideally situated near UH Clear Lake, NASA Johnson Space Center, Ellington, SpaceX & Kemah Boardwalk. This meticulously maintained 2nd-floor condo offers a delightful blend of comfort & convenience. Step inside to discover a thoughtfully designed 2-bed, 1.5-bath layout. The open-concept floor plan creates a welcoming ambiance, highlighted by tile & wood laminate flooring throughout, eliminating the upkeep of carpet. The spacious living area opens to a balcony via French doors. The balcony provides a serene outdoor retreat & includes private storage. The kitchen is a delight, featuring granite counters, SS appliances & ample cabinet space. Both bedrooms are generously sized & bathed in natural light, offering comfortable spaces to unwind. Plus this community offers wonderful amenities including a clubhouse & sparkling swimming pool that's an ideal retreat from the summer heat. Don't miss the opportunity to make this your new home!

Investor Tools

Property Icon
$103,027
Estimated Property Value
$0Estimated Mortgage Balance
$103,027Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$639 /month
Positive
Cash Flow Estimate:
$213 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$152/month
$469/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,311
$103,027
2025
$19,575
$83,452
$103,027
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,311
$103,027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$103,027
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$469/mo
+$1,001/mo
17.1%

City: Houston

1516 Bay Area Blvd Apt B8 | Property Details | No Agent List