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$301,206

1829 Bering Dr Unit 5, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,980 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$143.94 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Refrigerator, Dishwasher, Washer/Dryer, Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1979
Stories2
Garage Spaces1

Land Information

APN0681070010005
Lot Number5,1829
Subdivision1829 Bering Drive
Land UseResidential
Legal DescriptionLT 5 1829 BERING DRIVE
Census Tract431403
Assessed Land Value$125,000
Assessed Improvement Value$176,206
Assessment Year2025

About this property

This 2 bedroom, free-standing townhome within a gated community has been well cared for, truly a must see! Features a functional split floor plan with plenty of natural lighting, 2 spacious bedrooms with walk-in closets, 2 full bathrooms, a sunroom, & 2 car attached garage. Upstairs has a wood-burning fireplace, home office space, walk-in attic, & new en suite bathroom with teak vanity, mirrors, & marble counter. Open family room has a 2nd wood-burning fireplace & wet bar. Kitchen offers plenty of counter space, under cabinet lighting, nice sized pantry, & appliances. Updates include keyless entry, Ring doorbell & camera, high-efficiency windows, new gate/fence, & deck. A/C is approx 8 yrs old & water heater is approx 5 yrs old. This well manicured community is very quiet & features one of the lowest HOA fees in town. Conveniently located near excellent schools, the Galleria, restaurants, high-end shopping, Memorial Park, I-59, I-10 & much more. Schedule a showing today!

Investor Tools

Property Icon
$301,206
Estimated Property Value
$251,750Estimated Mortgage Balance
$70,013Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,807 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,223
$301,206
2025
$125,000
$176,206
$301,206
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,223
$301,206

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ally Bank
Conventional
$251,750
No
First
Jan 14, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,193
$75,807
24%
77%
$1,510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,660/mo
$-120/mo
6.1%

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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1829 Bering Dr Unit 5 | Property Details | No Agent List