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$118,000

1900 Bay Area Blvd # 192, Houston, TX, 77058

PendingInfo
Beds2 Beds
Baths2 Bath
Baths912 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$129.39 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1975
Stories1

Land Information

APN1145890180001
SubdivisionUniversity Trace Condo
Land UseResidential
Legal DescriptionTH 192 BLDG T .00710 INT COMMON LAND & ELE UNIVERSITY TRACE CONDO
Census Tract341303
Assessed Land Value$20,948
Assessed Improvement Value$89,304
Assessment Year2025

About this property

Beautifully updated and truly move-in ready, this stunning 2-bedroom, 2-bath condo showcases pride of ownership throughout! Featuring an open-concept layout with beautiful thick granite countertops, spacious living areas, a cozy fireplace, and abundant natural light, this home is perfect for everyday living or entertaining. The split-bedroom floor plan offers ideal privacy for families or roommates. The spacious primary suite includes a walk-in closet and private balcony access, while the oversized balcony also features an outdoor storage closet. Enjoy two assigned covered parking spaces, a transferable home warranty, and resort-style amenities including two pools, a fitness center, and a reservable clubhouse. Ideally located just minutes from UHCL, CCISD schools, shopping, dining, Houston, and Galveston. A fantastic opportunity you don’t want to miss!

Investor Tools

$82,497Estimated Mortgage Balance
$35,503Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$708 /month
Positive
Cash Flow Estimate:
$236 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$135/month
$431/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,028
$110,252
2025
$20,948
$89,304
$110,252
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,028
$110,252

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$90,000
No
First
Feb 10, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,497
$35,503
30%
70%
$540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$971/mo
+$499/mo
14.9%

Learn About the Market: Opportunity in Houston

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Explore

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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1900 Bay Area Blvd # 192 | Property Details | No Agent List