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$134,693

NAL Estimated Property Value

1516 Bay Area Boulevard U5, Houston, TX, 77058

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,351 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$107.33 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 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
Stories2

Land Information

APN1119640000005
SubdivisionBaywind Condo
Land UseResidential
Legal DescriptionTH 5 BLDG U .00576 INT COMMON LAND & ELE BAYWIND CONDO SEC 1
Census Tract341303
Assessed Land Value$25,592
Assessed Improvement Value$109,101
Assessment Year2025

About this property

This 3 bedroom, 2.5 bathroom condo in the highly desired community of Baywind Condos is now available for sale. The living room and bedrooms have new carpet flooring. There is a half bath downstairs for guests and a nice dining area just off the living room. The private patio is spacious enough to fit a nice sized patio set for 6 people. 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 lovely condo today!

Investor Tools

Property Icon
$134,693
Estimated Property Value
$0Estimated Mortgage Balance
$134,693Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$199/month
$476/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,715
$134,693
2025
$25,592
$109,101
$134,693
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,715
$134,693

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$134,693
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$476/mo
+$1,464/mo
17.3%

City: Houston