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Owner Contacts

$224,172

2594 Bering Dr, Houston, TX, 77057

Off Market

2 Beds

3 Bath

1,520 Sq Ft

Condos / Townhouses

$172.04 / sqft

Built in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

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

FlooringTile, Vinyl

Exterior

Private Pool

Building Information

Year Built1979

Stories2

Garage Spaces2

Land Information

APN1142160030007

SubdivisionGreenfield Oaks T/H Condo Ph 1

Land UseResidential

Legal DescriptionUNIT 2594 BLDG C .016646 INT COMMON LAND & ELE GREENFIELD OAKS T/H CONDO PH 1

Census Tract431404

Assessed Land Value$42,593

Assessed Improvement Value$181,579

Assessment Year2025

About this property

Adorable 2-story 2 bdrm 2car condo in the Heart of Houston/Galleria. Updated and remodeled in 2021 with LPV floors, New A/C unit, hot water heater and fresh paint. Updated Kitchen offers new lighting, granite counters, subway tile backsplash, soft-close cabinet drawers/doors, with nickel hardware and undermount lighting, stainless steel appliances, modern undermount sink. Awesome counter space and large kitchen bar. Unique and beautiful accent wood beam over kitchen bar that overlooks large dining room. Newly installed french door to patio. Patio offers small green space. Spacious family room offers a wood burning fireplace. Half bathroom downstairs offers new vanities, toilet and hardware. Oversized upstairs bedrooms (both primary) has high ceiling and large walk-in closet. Both Bathrooms remodeled w/ new toilets, tubs, sink and vanities w/ soft close drawers/doors. Laundry room upstairs. Oversized 2-car garage. Coat closet upon entrance and loads of storage under stairs. No Carpet.

Investor Tools

$224,172

Estimated Property Value

$245,880Estimated Mortgage Balance

$0Estimated Equity

-10% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,569 /month

Positive

Cash Flow Estimate:

$523 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$403/month

$405/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,713

$224,172

2025

$42,593

$181,579

$224,172

Tax History

Year

Tax Paid

Assessed Value

2024

$3,713

$224,172

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$245,880

First

Apr 5, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$227,057

$4,943

101%

$1,475/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,540/mo

$1,880/mo

$-340/mo

8.2%

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