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$729,900

1661 Bingle Rd, Houston, TX, 77055

PendingInfo
Beds3 Beds
Baths4 Bath
Baths2,996 Sq Ft
price_per_sqft$243.62 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size3,520 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN1361540020007
Lot Number7
Land UseResidential
Legal DescriptionLT 7 BLK 1 RETREAT ON BINGLE SEC 1 AMEND
Census Tract520700
Assessed Land Value$221,540
Assessed Improvement Value$520,860
Assessment Year2025

About this property

1661 Bingle Rd. is a comely corner unit dwelling recently constructed (2019) by the esteemed Element Homes & zoned to the prestigious Valley Oaks Elementary & Memorial High School. At entry, high ceilings & natural light welcome you in to perfect dining dimensions, a thoughtful modern living space connected to an indulgent kitchen offering top end appliances, beverage station, dry bar, adjacent study nook, powder bath & sitting areas are all on the first floor w. exit to the back patio & private side yard. Rise to the 2nd level where a large open flexible space gives upper patio access. Connect to a primary suite w. spa level aesthetics, large soaking tub, elegant tiles & a generous walk-in closet that passes through to a laundrette w. second sink, additionally two more bedrooms & 2 full bathrooms. also included are recent renovations, window treatments, upgraded designer hardware and finishes. Guest Parking & Dog Park. HOA includes water & landscaping. Out of the flood zone.

Investor Tools

$459,032Estimated Mortgage Balance
$283,368Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,454 /month
Positive
Cash Flow Estimate:
$1,485 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$760/month
$2,750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,414
$742,400
2025
$221,540
$520,860
$742,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,414
$742,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$508,500
No
First
Jun 24, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$459,032
$283,368
38%
62%
$3,049/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$5,799/mo
$-3,573/mo
3.6%

Learn About the Market: Opportunity in Houston

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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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1661 Bingle Rd | Property Details | No Agent List