4view

Owner Contacts

$282,000

NAL Estimated Property Value

1611 Bernard Way, Houston, TX, 77058

Off Market

3 Beds

2 Bath

1,558 Sq Ft

$138 / sqft

Built in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Electric Range, Dishwasher, Dryer, Washer

FlooringTile, Wood

Exterior

Private Pool

Lot Size6,194 sqft

Building Information

Year Built1982

Stories1

Garage Spaces2

Land Information

APN1105760000176

Lot Number176

SubdivisionUniversity Green

Land UseResidential

Legal DescriptionLT 176 UNIVERSITY GREEN SEC 3

Census Tract341303

Assessed Land Value$74,858

Assessed Improvement Value$185,772

Assessment Year2025

About this property

Welcome home to this well maintained, move in ready home! This home features freshly cleaned carpets, all ducts cleaned and sanitized, fresh front deck paint, windows cleaned, new outlet plates, new garage door opener, 40 psi plumbing check, new screens on sliding doors, new garbage disposal, new A/C enclosure, new fans in office/living/master & fresh paint. The Eat-in kitchen has tile flooring, island & tons of cabinet space that opens to the huge living/dining room w/ plush carpet & fireplace. The master suite is upgraded w/ a totally redone shower, new toilet & new tile. Enjoy the backyard oasis with sparkling pool that was has had the pump serviced, decking around pool power washed, new fence around pool pump & massive gardening w/ bark dust.

Investor Tools

$282,000

Estimated Property Value

$188,425Estimated Mortgage Balance

$93,575Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,692 /month

Positive

Cash Flow Estimate:

$564 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$309/month

$236/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,296

$260,630

2025

$74,858

$185,772

$260,630

Tax History

Year

Tax Paid

Assessed Value

2024

$2,296

$260,630

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nations Reliable Lending Llc

Conventional

$212,087

First

Aug 25, 2020

Sep 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$188,425

$91,575

32%

67%

$1,272/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,470/mo

$1,508/mo

$-38/mo

6.3%

Learn About the Market: Opportunity in Houston

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