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$246,000

NAL Estimated Property Value

2448 Bering Drive, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,613 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$185.37 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High 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
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1981
Garage Spaces2

Land Information

APN1151600020005
Subdivision2400 Bering Dr T/H Condo
Land UseResidential
Legal DescriptionUNIT 2448 BLDG B .025520 INT COMMON LAND & ELE 2400 BERING DR T/H CONDO
Census Tract431404
Assessed Land Value$44,888
Assessed Improvement Value$191,365
Assessment Year2025

About this property

Updated Townhome in the heart of the Galleria located in 2400 Bering! Pristine 2/2/1 property w/custom updates throughout & great floor plan for entertaining! Home features hardwd floors throughout 1st floor, sunny cooks kitchen w/granite countertop, MacKenzie-Childs knobs, black/white tiled backsplash, under cabinet lighting, + happy yellow walls! Fabulous open dining rm w/custom molding, pass through to kitchen, oversized dry bar w/custom lighting, & open to the living room w/fireplace! Living rm features 2 sets of French doors that open to the patiw/fountain, surround sound, double crown molding, & access to guest bathrm! Upstairs primary is oversized w/huge walk in closet & recent updated primary bathrm w/dual sinks, lg walk in shower, & custom cabinets. Secondary bedrm w/oversized closet & en suite bathrm! Fabulous community pool! New carpet & fresh paint (10/21)! Tucked away and private! Close to restaurants, shopping, & parks! A true gem!

Investor Tools

Property Icon
$246,000
Estimated Property Value
$112,706Estimated Mortgage Balance
$133,294Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$366/month
$443/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,160
$236,253
2025
$44,888
$191,365
$236,253
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,160
$236,253

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$122,500
No
First
Feb 22, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,706
$133,294
54%
46%
$735/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,178/mo
+$362/mo
7.5%

Learn About the Market: Opportunity in Houston

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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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2448 Bering Drive | Property Details | No Agent List