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$66,000

1516 Bay Area Boulevard K3, Houston, TX, 77058

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths612 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.39 / sqft
Year BuiltBuilt in 1977

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Refrigerator, Dishwasher
FlooringLaminate, Tile, Vinyl

Building Information

Year Built1977
Stories1

Land Information

APN1119550000003
SubdivisionBaywind Condo
Land UseResidential
Legal DescriptionTH 3 BLDG K .00360 INT COMMON LAND & ELE BAYWIND CONDO SEC 1
Census Tract341303
Assessed Land Value$11,526
Assessed Improvement Value$49,138
Assessment Year2025

About this property

Located in the Heart of Clear Lake you will fall in love with this charming one bed/one bath condo. Assigned parking for one vehicle and first floor unit is very convenient. Sliding door entrance to the fenced patio allows for enjoying some outdoor time and perhaps box gardening. Steps from the swimming pool. Interior is bright and clean and ready for your immediate occupancy. Refrigerator stays with the property. Spacious bedroom with fantastic walk in closet. Open concept living. Easy access to major freeways, shopping and a wide variety of dining experiences.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$92/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$774
$60,664
2025
$11,526
$49,138
$60,664
No

Tax History

Year
Tax Paid
Assessed Value
2024
$774
$60,664

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$46,550
No
First
Apr 27, 2006
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,802
$44,198
66%
33%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,230/mo
N/A
+$1,230/mo
22.4%

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 Boulevard K3 | Property Details | No Agent List