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Owner Contacts

$132,000

NAL Estimated Property Value

1900 Bay Area Boulevard 230, Houston, TX, 77058

Off Market

2 Beds

3 Bath

1,226 Sq Ft

Condos / Townhouses

$110.03 / sqft

Built in 1975

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Electric Cooktop, Refrigerator, 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

*OFFER ACCEPTED* SUPER CLEAN and well maintained 2 story end unit condo in the heart of Clear Lake ready to move in! GREAT LOCATION with easy access to NASA, Kemah, Hwy 146, UHCL, Gulf Fwy, Galveston and Houston. Close to parks, green spaces, restaurants and shopping. Walk into this beautiful 2 story condo and you'll find a spacious living room with a wood burning fireplace and a roomy kitchen area leading out to a private outdoor patio. Upstairs you'll find both bedrooms with a balcony off of the primary bedroom with upgraded french doors. New A/C 2016, new roof 2009, new kitchen range 2021. New interior and exterior paint and downstairs flooring all within the last 6 years. Two assigned covered parking spaces right out of your back door and plenty of guest parking. Quiet neighbors!! The complex has 2 pools, exercise room and a clubhouse. Zoned to Clear Creek ISD. Refrigerator and kitchen island stay!!

Investor Tools

$132,000

Estimated Property Value

$88,281Estimated Mortgage Balance

$43,719Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$809 /month

Positive

Cash Flow Estimate:

$270 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$131/month

$410/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

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

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

$950/mo

+$520/mo

13.4%

Learn About the Market: Opportunity in Houston

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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.

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