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$88,000

NAL Estimated Property Value

1516 Bay Area Boulevard L6, Houston, TX, 77058

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths904 Sq Ft
price_per_sqft$105.09 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1977
Stories1

Land Information

APN1119560000006
SubdivisionBaywind Condo
Land UseResidential
Legal DescriptionTH 6 BLDG L .00460 INT COMMON LAND & ELE BAYWIND CONDO SEC 1
Census Tract341303
Assessed Land Value$16,123
Assessed Improvement Value$68,737
Assessment Year2025

About this property

LOCATION!! Step outside the comfort of your condo and you’ll find yourself in a community rich with conveniences. In the heart of Bay Area where all your needs are walking distance or a short drive away. Zoned to Clear Creek Schools!

Investor Tools

Property Icon
$88,000
Estimated Property Value
$0Estimated Mortgage Balance
$88,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$570 /month
Positive
Cash Flow Estimate:
$190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$127/month
$415/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,089
$84,860
2025
$16,123
$68,737
$84,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,089
$84,860

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$88,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$415/mo
+$1,055/mo
20.0%

City: Houston