$138,953
NAL Estimated Property Value2333 Bering Drive 123, Houston, TX, 77057
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Electric Oven, Oven, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile
Building Information
Year Built1983
Stories1
Garage Spaces1
Land Information
APN1152580020002
SubdivisionThe Park Regency Condo
Land UseResidential
Legal DescriptionUNIT 123 BLDG B .010604 INT COMMON LAND & ELE THE PARK REGENCY CONDO
Census Tract431403
Assessed Land Value$26,401
Assessed Improvement Value$112,552
Assessment Year2025
About this property
Unit #123 is a lovely 1 bedroom, 1 bathroom condo located in the Park Regency Condominium complex, just minutes from the Galleria. This home features a wood burning fire place, built-in shelving, breakfast bar, granite counters and a dry bar. Large patio area just outside your living room and a beautiful swimming pool and garden area for your outdoor enjoyment. One assigned parking space in the garage and plenty of guest parking. Gated entry. Wood flooring recently installed in August 2021!
Investor Tools
$138,953
Estimated Property Value
$80,911Estimated Mortgage Balance
$58,042Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$834 /month
Positive
Cash Flow Estimate:
$278 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
$318/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,074
$138,953
2025
$26,401
$112,552
$138,953
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,074
$138,953
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$101,600
No
First
Sep 23, 2016
Oct 2031
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,911
$58,042
41%
58%
$610/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,290/mo
$928/mo
+$362/mo
11.1%
