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$162,000

NAL Estimated Property Value

1881 Bering Dr Unit 33, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths987 Sq Ft
price_per_sqft$167.17 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

Building Information

Year Built1978
Stories1

Land Information

APN1144020050005
SubdivisionWindsor Park T/H Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 33 BLDG E .009400 INT COMMON LAND & ELE WINDSOR PARK T/H CONDO 2ND AMEND
Census Tract431403
Assessed Land Value$28,339
Assessed Improvement Value$120,816
Assessment Year2025

About this property

Located in a quiet gated community, this first-floor corner unit at 1881 Bering boasts 2 bedrooms, 1 bathroom, and 987 square feet. The property features wood shutters, new appliances, a cozy fireplace, and a private patio. The primary bedroom offers two spacious closets, while the second bedroom is currently used as an office. With five closets, a pantry, and no carpet, storage is abundant. Enjoy assigned covered parking, community pool, and tennis courts. This condo is a must-see!

Investor Tools

Property Icon
$162,000
Estimated Property Value
$149,643Estimated Mortgage Balance
$12,357Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
$309/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,598
$149,155
2025
$28,339
$120,816
$149,155
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,598
$149,155

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Watermark Capital Inc
Conventional
$154,230
No
First
Sep 10, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,643
$10,357
6%
92%
$925/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,290/mo
$1,234/mo
+$56/mo
9.6%

City: Houston

1881 Bering Dr Unit 33 | Property Details | No Agent List