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$83,663

NAL Estimated Property Value

1516 Bay Area Boulevard J2, Houston, TX, 77058

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths832 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$120.19 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Oven, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Storage, Courtyard

Building Information

Year Built1977
Stories1

Land Information

APN1119540000002
SubdivisionBaywind Condo
Land UseResidential
Legal DescriptionTH 2 BLDG J .00460 INT COMMON LAND & ELE BAYWIND CONDO SEC 1
Census Tract341303
Assessed Land Value$15,896
Assessed Improvement Value$67,767
Assessment Year2025

About this property

This 2 bedroom, 1 bathroom condo on the 2nd level in the highly desired community of Baywind Condos is now available for sale. The living room and bedrooms have new laminate flooring. There is also fresh paint throughout the unit. The bathroom has an entrance from the bedrooms and another from the living area so that the bedrooms are kept private. The balcony has a view of the recreation center and room to sit outside on a bistro or patio set for two. There is also a storage space on the patio for your personal items. Parking is assigned for 2 vehicles just outside your unit. The community is pet friendly and has 2 pools, a private mailbox center and recreation center for you to enjoy! Water, sewer, trash, exterior coverage and insurance and maintenance of the main grounds are included in the monthly HOA dues. Schedule your appointment to view this cozy condo today!

Investor Tools

Property Icon
$83,663
Estimated Property Value
$75,470Estimated Mortgage Balance
$8,193Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$600 /month
Positive
Cash Flow Estimate:
$200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$106/month
$379/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$854
$83,663
2025
$15,896
$67,767
$83,663
No

Tax History

Year
Tax Paid
Assessed Value
2024
$854
$83,663

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Uif Corporation
Conventional
$80,000
No
First
Apr 4, 2023
May 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,470
$8,193
9%
90%
$480/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$859/mo
+$611/mo
21.1%

City: Houston

1516 Bay Area Boulevard J2 | Property Details | No Agent List