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$160,000

NAL Estimated Property Value

2001 Bering Drive 4A, Houston, TX, 77057

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths957 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$177.64 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Electric Oven, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher

Building Information

Year Built1977
Stories1

Land Information

APN1143720010004
Subdivision2001 Bering Dr Condo
Land UseResidential
Legal DescriptionUNIT 4 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 in the heart of the Galleria close to all major freeways. This second floor corner 1 bedroom den unit has been recently updated. The office den is located near the front door. Perfect for the work at home environment we are experiencing. There is a tremendous amount of storage space in the master bedroom. Guests can enter the updated bathroom through a separate entrance avoiding going through the bedroom. This residence features gambrel ceilings adding to the bright airy feel. Lots of natural light. Street noise is not a problem. Kitchen features ample cabinets and storage space. Neutral granite counter tops with undermount sink giving you plenty of prep space. From the Living room you look out into treetops. A long balcony runs just outside the master suite perfect for a glass of wine. This unit reflects the loving care the owner has given this home. Recent ac and hvac. Move in ready.

Investor Tools

Property Icon
$160,000
Estimated Property Value
$141,225Estimated Mortgage Balance
$18,775Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
$343/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,872
$155,338
2025
$29,514
$125,824
$155,338
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,872
$155,338

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Conventional
$152,100
No
First
Jul 29, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,225
$18,775
11%
88%
$912/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,290/mo
$1,255/mo
+$35/mo
9.7%

City: Houston

2001 Bering Drive 4A | Property Details | No Agent List