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Owner Contacts

$184,410

NAL Estimated Property Value

1881 Bering Dr Unit 4, Houston, TX, 77057

Off Market

2 Beds

1 Bath

987 Sq Ft

$146.81 / sqft

Built in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built1978

Stories1

Land Information

APN1144020010004

SubdivisionWindsor Park T/H Condo 2nd Amend

Land UseResidential

Legal DescriptionUNIT 4 BLDG A .009400 INT COMMON LAND & ELE WINDSOR PARK T/H CONDO 2ND AMEND

Census Tract431403

Assessed Land Value$35,038

Assessed Improvement Value$149,372

Assessment Year2025

About this property

SUPER CLEAN HOME, UPDATED, MODERN, NOT WITHIN A FLOOD ZONE,DEDICATED PARKING inside of 610 the heart of the WEST LOOP (GALLERIA AREA)with a strong association that meticulously maintains the exterior structure/grounds/pool/tennis courts and more.REFRIGERATOR,WASH/DRY incl.This extremely clean home has been well maintained with recent paint, new resilient scratch/water resistant laminate faux woods & tile flooring, recent carpet bedrooms,recent 2" faux wood window treatments and recently replaced hot water heater.The luxurious Kitchen & Bath have been updated with modernized finishes (NEW countertops/NEW tub) including upgraded decorative linear wood SOFT-CLOSE cabinetry accompanied with nickel-finished hardware which all comes together harmoniously adding beauty & durability.The property is strategically situated close to major thoroughfares of 610/I-10/69&59;grocery,shopping,MEMORIAL PARK & parks all within close proximity.The exterior BALCONY is great for relaxing enjoyment;come see.

Investor Tools

$184,410

Estimated Property Value

$121,538Estimated Mortgage Balance

$62,872Estimated Equity

34% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,106 /month

Positive

Cash Flow Estimate:

$369 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$392/month

$268/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,779

$184,410

2025

$35,038

$149,372

$184,410

Tax History

Year

Tax Paid

Assessed Value

2024

$3,779

$184,410

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cardinal Financial Company Lp

Conventional

$136,800

First

Aug 7, 2020

Sep 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$121,538

$62,872

34%

66%

$821/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,290/mo

$1,089/mo

+$201/mo

8.4%

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