Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$199,000

NAL Estimated Property Value

2505 Bering Dr Unit 15, Houston, TX, 77057

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,116 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$187.28 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Building Information

Year Built1978
Stories2

Land Information

APN1119100000002
SubdivisionBering Place T/H Condo Amend
Land UseResidential
Legal DescriptionUNIT 49 BLDG H .013201 INT COMMON LAND & ELE BERING PLACE T/H CONDO AMEND
Census Tract431403
Assessed Land Value$35,948
Assessed Improvement Value$153,252
Assessment Year2025

About this property

Updated 1 bed/1.5 bath 2-story condo nestled in a secluded gated community in the Galleria area, just minutes from shopping, dining, entertainment, & major freeways! After a busy day, retreat to your private sanctuary that offers a 1st-floor den, study nook, & dining area, plus an extended entertaining space that flows through the sliding glass door in the kitchen & opens onto the quiet patio to relax & unwind. The second-floor hosts a HUGE primary suite with a whirlpool tub. Recent updates include a $20,000 kitchen remodel with LG appliances, a double oven, & granite breakfast bar, Elfa closet systems in the master closet & pantry, a new HVAC in 2020, carpet in 2021, & windows in 2014. Also note the bonus storage closet on the patio, ample green space, & guest parking in front with 2 assigned covered spaces behind the unit for easy access. Low HOA fee includes basic cable tv, water, sewer, the security gate, community pool, and exterior insurance, maintenance, & landscaping.

Investor Tools

Property Icon
$199,000
Estimated Property Value
$131,579Estimated Mortgage Balance
$67,421Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,254 /month
Positive
Cash Flow Estimate:
$418 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
$306/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,504
$189,200
2025
$35,948
$153,252
$189,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,504
$189,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$139,000
No
First
Jun 30, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,579
$67,421
33%
66%
$834/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,290/mo
$1,140/mo
+$150/mo
7.8%

City: Houston

2505 Bering Dr Unit 15 | Property Details | No Agent List