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Owner Contacts

$104,800

NAL Estimated Property Value

1900 Bay Area Boulevard 213, Houston, TX, 77058

Off Market

1 Beds

1 Bath

648 Sq Ft

Condos / Townhouses

$178.86 / sqft

Built in 1975

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Dishwasher

FlooringTile

Exterior

Private Pool

Building Information

Year Built1975

Stories1

Land Information

APN1145890170014

SubdivisionUniversity Trace Condo

Land UseResidential

Legal DescriptionTH 213 BLDG S .00470 INT COMMON LAND & ELE UNIVERSITY TRACE CONDO

Census Tract341303

Assessed Land Value$20,041

Assessed Improvement Value$84,759

Assessment Year2025

About this property

Close to NASA, Clear Lake, Galveston, Kemah, League City, and Houston Medical Center. Baybrook Mall is a short commute. The area is very sought after and is surrounded by some of the best dining choices in Clear Lake. The Bay area is home to many water activities, boating, fishing, and other water sports. Tired of Looking for something for your loved ones while they attend the local universities? This one is move-in ready, low maintenance, full of amenities which include 2 swimming pools, an onsite gym, a pet-friendly space, and quiet neighbors. Covered assigned parking/carport comes with the unit. Downstairs Unit located on the corner with front patio/laundry room inside Patio space. All appliances are being conveyed with an acceptable offer. Well-maintained condo for sale and for lease! This unit is located on the first floor. Tile floors, granite countertops, neutral colors, very clean and move-in ready! Minutes from Nassau Bay, Space Center Houston, Clear Lake, and so much more!

Investor Tools

$104,800

Estimated Property Value

$82,753Estimated Mortgage Balance

$22,047Estimated Equity

21% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$695 /month

Positive

Cash Flow Estimate:

$232 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$106/month

$228/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$752

$104,800

2025

$20,041

$84,759

$104,800

Tax History

Year

Tax Paid

Assessed Value

2020

$752

$104,800

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Southwest Funding Lp

Conventional

$86,400

First

Jan 29, 2024

Feb 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$82,753

$22,047

21%

79%

$519/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,230/mo

$747/mo

+$483/mo

14.1%

Learn About the Market: Opportunity in Houston

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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.

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