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B+
NoAgentList RatingHow are grades calculated?Info

$138,953

NAL Estimated Property Value

2333 Bering Drive 123, Houston, TX, 77057

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths837 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$150.54 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$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

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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%

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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2333 Bering Drive 123 | Property Details | No Agent List