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Owner Contacts

$134,693

1516 Bay Area Boulevard U5, Houston, TX, 77058

Off Market

3 Beds

3 Bath

1,351 Sq Ft

Condos / Townhouses

$107.33 / sqft

Built in 1977

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

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

$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

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/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,940/mo

$476/mo

+$1,464/mo

17.3%

Learn About the Market: Opportunity in Houston

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