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$131,203

NAL Estimated Property Value

1900 Bay Area Blvd # 230, Houston, TX, 77058

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,226 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$120.31 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dishwasher, Washer/Dryer
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built1975
Stories2

Land Information

APN1145890120001
SubdivisionUniversity Trace Condo
Land UseResidential
Legal DescriptionTH 230 BLDG M .00856 INT COMMON LAND & ELE UNIVERSITY TRACE CONDO
Census Tract341303
Assessed Land Value$24,929
Assessed Improvement Value$106,274
Assessment Year2025

About this property

This clean and very well-maintained two-story end unit townhome in the heart of Clear Lake is ready to move in! Great location with easy access to NASA, Kemah, and all Bay Area hotspots! Close to parks, green spaces, restaurants, and shopping. Walk into this beautiful two-story condo to a spacious living room with a wood burning fireplace, a lovely half bath for guests, a roomy kitchen and breakfast area, leading out to your private patio! Upstairs you'll find both bedrooms with another private balcony off the primary bedroom with french doors! Updates include newer ac, range, and downstairs flooring! Two assigned covered parking spaces right out of the back door and plenty of guest parking. Quiet neighbors! The complex has 2 sparkling pools, an exercise room, and a clubhouse. Zoned to Clear Creek ISD schools. The kitchen island stays with the property!

Investor Tools

Property Icon
$131,203
Estimated Property Value
$88,281Estimated Mortgage Balance
$42,922Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$885 /month
Positive
Cash Flow Estimate:
$295 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$131/month
$509/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$915
$131,203
2025
$24,929
$106,274
$131,203
No

Tax History

Year
Tax Paid
Assessed Value
2020
$915
$131,203

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$90,000
No
First
Apr 3, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,281
$43,719
33%
67%
$540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,049/mo
+$421/mo
13.4%

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 # 230 | Property Details | No Agent List