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$103,027

NAL Estimated Property Value

1516 Bay Area Boulevard B8, Houston, TX, 77058

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths936 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$117.52 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Dishwasher

Building Information

Year Built1977
Stories1

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

Great location, close to NASA, U of H Clear Lake Campus, restaurants, entertainment, Kemah Boardwalk.

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
$660 /month
Positive
Cash Flow Estimate:
$220 /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%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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 Boulevard B8 | Property Details | No Agent List