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$102,661

1516 Bay Area Blvd Apt S14, Houston, TX, 77058

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths904 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$116.15 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Storage

Building Information

Year Built1977
Stories1

Land Information

APN1119620000014
SubdivisionBaywind Condo
Land UseResidential
Legal DescriptionTH 14 BLDG S .00460 INT COMMON LAND & ELE BAYWIND CONDO SEC 1
Census Tract341303
Assessed Land Value$19,506
Assessed Improvement Value$83,155
Assessment Year2025

About this property

MOVE-IN-READY Second Floor Condo featuring 2 bedrooms & 1 1/2 bath. Both rooms come equipped with Walk-In Closets! Complex is easily accessible to U of H-Clear Lake, NASA Space Center, Baybrook mall & the i-45 Freeway. Granite countertops & stainless steel appliances that WILL REMAIN along with Washer & Dryer. Includes a Wood Burning fireplace with a sliding glass door that leads to your private balcony facing Gemini Street. Community pool & recreation room for your entertaining needs. Please park in space #271 or #272 when touring.

Investor Tools

Property Icon
$102,661
Estimated Property Value
$95,000Estimated Mortgage Balance
$16,735Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$630 /month
Positive
Cash Flow Estimate:
$210 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$132/month
$415/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,070
$102,661
2025
$19,506
$83,155
$102,661
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,070
$102,661

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J S C Federal Credit Union
Conventional
$95,000
No
First
May 28, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,926
$16,735
16%
84%
$570/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$985/mo
+$485/mo
17.2%

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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1516 Bay Area Blvd Apt S14 | Property Details | No Agent List