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2view

Owner Contacts

$282,000

NAL Estimated Property Value

2220 Bering Drive 27H, Houston, TX, 77057

Off Market

2 Beds

2 Bath

1,674 Sq Ft

Condos / Townhouses

$197.13 / sqft

Built in 1979

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Microwave, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer, Oven

FlooringCarpet, Tile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1979

Stories2

Garage Spaces2

Land Information

APN1144240060002

SubdivisionBering Oaks Condo

Land UseResidential

Legal DescriptionUNIT 23 BLDG F .028000 INT COMMON LAND & ELE BERING OAKS CONDO

Census Tract431404

Assessed Land Value$46,217

Assessed Improvement Value$197,032

Assessment Year2025

About this property

LOCATION LOCATION !!! Absolutely stunning totally Remodeled and Updated throughout from the ground up, 2-Story Corner unit located in the Galleria Area! The living area is open to the kitchen & features a fireplace, wood-look tile, crown moulding, ceiling fans, 1/2 bath & access to a courtyard. The kitchen has all stainless appliances, gleaming quartz countertops, custom 42" cabinetry and an undermount double basin stainless sink. The washer/dryer is upstairs, close to all bedrooms. The Primary suite has a fireplace, walk-in closet with builtins, ceiling fan, crown moulding, reading nook and a private balcony. The primary bath has double sinks and the nook could be a small office. Pex plumbing with a tankless water heater! High efficiency Trane HVAC (installed May, 2020) with a UV light ,washer/dryer, refrigerator, new shutters throughout. Swimming pool close by. Low monthly maintenance fees .Great two car attached garage with a gray epoxy floor. Totally, move in condition!!!!!!!!!

Investor Tools

$282,000

Estimated Property Value

$120,800Estimated Mortgage Balance

$161,200Estimated Equity

57% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,980 /month

Positive

Cash Flow Estimate:

$660 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$432/month

$390/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,775

$243,249

2025

$46,217

$197,032

$243,249

Tax History

Year

Tax Paid

Assessed Value

2024

$3,775

$243,249

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Mortgage

N/A

$164,000

N/A

First

Jun 10, 2014

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$120,800

$161,200

57%

43%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,540/mo

$390/mo

+$1,150/mo

6.6%

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