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$159,000

NAL Estimated Property Value

2001 Bering Drive 3A, Houston, TX, 77057

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths957 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$93 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringTile

Exterior

Private PoolPrivate Pool

Building Information

Year Built1977
Stories1

Land Information

APN1143720010003
Subdivision2001 Bering Dr Condo
Land UseResidential
Legal DescriptionUNIT 3 BLDG A .008316 INT COMMON LAND & ELE 2001 BERING DR CONDO
Census Tract431403
Assessed Land Value$29,514
Assessed Improvement Value$125,824
Assessment Year2025

About this property

Conveniently located near Memorial Park, the Galleria, grocery stores, restaurants and much more, this first floor 1 bdrm home provides a quiet community to live in with many possibilities. Tile flooring exists throughout the unit with tile in the bathroom. Upon entering, a spacious living room with a front closet and den/study with French doors to the fenced-in patio. The living areas flow into the kitchen. The breakfast area includes dining space and a closet for storage. The bedroom provides ample space for furniture and access to the patio. A large walk-in closet and a second closet with shelving and space to hang clothing. This home also includes a washer and dryer space for your convenience. Features of the community include a pool, courtyard, two parking spaces, cable, landscaping and a gated entry and exit.

Investor Tools

Property Icon
$159,000
Estimated Property Value
$136,628Estimated Mortgage Balance
$22,372Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$954 /month
Positive
Cash Flow Estimate:
$318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$79/month
$345/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$148
$155,338
2025
$29,514
$125,824
$155,338
No

Tax History

Year
Tax Paid
Assessed Value
2024
$148
$155,338

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$148,500
No
First
Feb 10, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,628
$22,372
14%
86%
$891/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,290/mo
$1,236/mo
+$54/mo
9.7%

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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2001 Bering Drive 3A | Property Details | No Agent List