$104,000
NAL Estimated Property Value1900 Bay Area Blvd # 116, Houston, TX, 77058
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesElectric Oven, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher
Building Information
Year Built1975
Stories2
Land Information
APN1145890030001
SubdivisionUniversity Trace Condo
Land UseResidential
Legal DescriptionTH 116 BLDG C .00630 INT COMMON LAND & ELE UNIVERSITY TRACE CONDO
Census Tract341303
Assessed Land Value$19,675
Assessed Improvement Value$83,875
Assessment Year2025
About this property
1 bedroom with tiles downstairs and laminate upstairs. 2 walk in closets with nice balcony from bedroom. Spacious living room and extra half bath downstairs.
Investor Tools
$104,000
Estimated Property Value
$69,782Estimated Mortgage Balance
$34,218Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$624 /month
Positive
Cash Flow Estimate:
$208 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$141/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,175
$103,550
2025
$19,675
$83,875
$103,550
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,175
$103,550
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$71,250
No
First
Mar 3, 2025
Apr 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,782
$37,218
34%
67%
$428/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,230/mo
$428/mo
+$802/mo
14.2%
