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Owner Contacts

$221,366

NAL Estimated Property Value

2507 Bering Dr Unit 3, Houston, TX, 77057

Off Market

2 Beds

3 Bath

1,332 Sq Ft

$176.43 / sqft

Built in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Building Information

Year Built1978

Stories2

Land Information

APN1119090000002

SubdivisionBering Place T/H Condo Amend

Land UseResidential

Legal DescriptionUNIT 43 BLDG G .015536 INT COMMON LAND & ELE BERING PLACE T/H CONDO AMEND

Census Tract431403

Assessed Land Value$42,060

Assessed Improvement Value$179,306

Assessment Year2025

About this property

Your Search Stops Here! This beautifully updated 2 Bedroom/2.5 bathroom Condo is located in a gated complex! When you enter you will be in awe of the gorgeous wood flooring in the Den & Dining Room! Large Spacious Rooms with an open concept floorplan to include a Wet Bar and a Brick Fireplace that takes center stage! The Kitchen is truly a culinary dream with stainless steel appliances and granite countertops! The Breakfast Room/Dining Room has a large glass window and door that show off the private outdoor patio space! This unit recently installed insulated windows in 2025 making it more energy efficient! Upstairs 2 large bedrooms each with their own ensuite bathrooms plus a lot of closet space. Recent carpet installed in March 2025. This Unit comes with 2 reserved carport parking spots right by the back patio plus guest parking nearby. This complex also includes a pool that is enjoyed by all. Close to Restaurants, a grocery store & galleria area shopping!

Investor Tools

$221,366

Estimated Property Value

$196,531Estimated Mortgage Balance

$24,835Estimated Equity

14% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,410 /month

Positive

Cash Flow Estimate:

$470 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$502/month

$378/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,917

$221,366

2025

$42,060

$179,306

$221,366

Tax History

Year

Tax Paid

Assessed Value

2024

$4,917

$221,366

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

The Gibraltar Group Mortgage Llc

Conventional

$199,750

First

Jun 20, 2025

Jul 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$196,531

$32,469

14%

89%

$1,198/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,540/mo

$1,576/mo

$-36/mo

8.3%

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