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$240,000

NAL Estimated Property Value

2409 Bering Drive 18, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,642 Sq Ft
price_per_sqft$173.57 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN1142300050003
SubdivisionBeacon Place Condo
Land UseResidential
Legal DescriptionUNIT 18 BLDG F .027630 INT COMMON LAND & ELE BEACON PLACE CONDO
Census Tract431403
Assessed Land Value$37,815
Assessed Improvement Value$161,212
Assessment Year2025

About this property

Lovely remodeled Condo in a small 35 Unit Complex. End Unit. Your front door is steps away from the Community Pool. The Living/Dining Room has premium Wood Floors, wood burning Fireplace, and a soaring 18' open ceiling with a new Chandelier. This contemporary Unit has been tastefully painted with neutral colors. The 1/2 bath has upgraded Wallpaper & the Wetbar has new Granite. New Kitchen Cabinets with soft close Hinges, all Stainless Appliances, New Granite, New Sink & Faucet. 2 Primary Bedrooms upstairs w/ Ensuites, Walk-in Closets, New Carpet & 2" Blinds, 1 Primary has a Balcony. Ceiling Fans in L.R. & Bdrms. New Washer & Dryer, New Cabinets & New Flooring in the Laundry Rm. 2 car attached Garage w/ Storage.

Investor Tools

Property Icon
$240,000
Estimated Property Value
$53,614Estimated Mortgage Balance
$186,386Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
$381/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,164
$199,027
2025
$37,815
$161,212
$199,027
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,164
$199,027

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aero Mortgage Corp
Unknown
$110,000
No
First
Oct 27, 2006
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$53,614
$186,386
77%
22%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$381/mo
+$1,159/mo
7.7%

City: Houston

2409 Bering Drive 18 | Property Details | No Agent List