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$99,900

1900 Bay Area Blvd Apt E136, Houston, TX, 77058

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths864 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$115.63 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Laminate, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1975
Stories1

Land Information

APN1145890050011
SubdivisionUniversity Trace Condo
Land UseResidential
Legal DescriptionTH 136 BLDG E .00600 INT COMMON LAND & ELE UNIVERSITY TRACE CONDO
Census Tract341303
Assessed Land Value$19,589
Assessed Improvement Value$83,509
Assessment Year2025

About this property

Welcome home to University Trace Townhome community. Gently lived in and provides peace and tranquil living in the heart of Clear Lake. This home is conveniently located near shopping, popular restaurants, Johnson Space Center, Schools, and the new Exploration Green walking trail. Clear Lake also has an amazing community center with many activities to enjoy. This property has a new stove, dishwasher, and microwave along with Granite Counter tops. Bathroom has been updated with a granite sink and recent laminate flooring throughout the condo. The refrigerator comes with the property! All exterior maintenance is managed by the HOA. You'll appreciate the second floor living comes with a balcony and just steps from your assigned parking space. The main bedroom is a generous in size and offer plenty of closet space for storage. Whether you are looking to lease out the property or take advantage of the peaceful community as your own home, you will enjoy what this community has to offer.

Investor Tools

$56,895Estimated Mortgage Balance
$46,844Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$619 /month
Positive
Cash Flow Estimate:
$206 /month

Interested in this property?

Rocio Guajardo

RE/MAX 5 Star Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,202
$103,098
2025
$19,589
$83,509
$103,098
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,202
$103,098

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$66,405
No
First
Mar 4, 2019
Mar 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,895
$49,105
46%
55%
$399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,230/mo
$399/mo
+$831/mo
14.3%

City: Houston

1900 Bay Area Blvd Apt E136 | Property Details | No Agent List