Last 24 Hours
$875
1516 Bay Area Blvd Apt F2, Houston, TX, 77058
On Market
Just Added
1 Beds
1 Bath
528 Sq Ft
Condos / Townhouses
$1.66 / sqft
Built in 1977Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 1
Bathrooms Full 1
Indoor Fireplace
Heating Central
CoolingExterior
Lot Size10.34 acres
Building Information
Year Built1977
Stories1
Land Information
APN1119510000002
SubdivisionBaywind Condo
Land UseResidential
Legal DescriptionTH 2 BLDG F .00328 INT COMMON LAND & ELE BAYWIND CONDO SEC 1
Census Tract341303
Assessed Land Value$10,412
Assessed Improvement Value$44,388
Assessment Year2025
About this property
Welcome to this charming one bedroom unit with fresh paint and updated butcher block countertops in the kitchen. Situated on the second floor for added privacy, this cozy space boasts a full kitchen and double doors connecting the bedroom to the living area. Conveniently located near UHCL, this property is ideal for a new tenant looking for a comfortable living space. Don't miss out on this attractive opportunity as it won't stay on the market for long. Room dimensions are approximate.
Investor Tools
$0Estimated Mortgage Balance
$55,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$330 /month
Positive
Cash Flow Estimate:
$110 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$81/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$693
$54,800
2025
$10,412
$44,388
$54,800
No
Tax History
Year
Tax Paid
Assessed Value
2024
$693
$54,800
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$55,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,230/mo
N/A
+$1,230/mo
26.8%
12.4%