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Owner Contacts

$109,000

NAL Estimated Property Value

1900 Bay Area Blvd # 189, Houston, TX, 77058

Off Market

2 Beds

2 Bath

824 Sq Ft

Condos / Townhouses

$1.4 / sqft

Built in 1975

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

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

FlooringTile

Building Information

Year Built1975

Stories1

Land Information

APN1145890150006

SubdivisionUniversity Trace Condo

Land UseResidential

Legal DescriptionTH 189 BLDG Q .00650 INT COMMON LAND & ELE UNIVERSITY TRACE CONDO

Census Tract341303

Assessed Land Value$19,678

Assessed Improvement Value$79,322

Assessment Year2025

About this property

This 2-Bedroom, 2-Bathroom Condo Offers A Convenient And Comfortable Living Space. The Interior Features Tile Flooring Throughout, Creating A Clean And Modern Aesthetic. The Unit Comes Equipped With A Washer And Dryer For Added Convenience. Well-Maintained And Move-In Ready, This Downstairs Unit Is Part Of A Quiet And Well-Kept Community. Residents Can Enjoy The Amenities Of Two Community Pools, Providing A Refreshing Escape Within The Complex. The Property Is Strategically Located, Offering Easy Access To Major Freeways, Schools, And Businesses. Additionally, It Is Conveniently Situated Near Bus Routes For Metro Access, Making Commuting Hassle-Free. With Its Attractive Features, This Condo Provides A Desirable And Ready-To-Go Living Option For Those Seeking A Pleasant And Accessible Home.

Investor Tools

$109,000

Estimated Property Value

$13,350Estimated Mortgage Balance

$95,650Estimated Equity

88% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$654 /month

Positive

Cash Flow Estimate:

$218 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$144/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,180

$99,000

2025

$19,678

$79,322

$99,000

Tax History

Year

Tax Paid

Assessed Value

2024

$1,180

$99,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Countrywide Home Loans Inc

Unknown

$38,220

First

May 28, 2003

Jun 2033

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$13,350

$101,650

88%

12%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,470/mo

N/A

+$1,470/mo

16.2%

Learn About the Market: Opportunity in Houston

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