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Owner Contacts

$643,000

2905 Bering Dr, Houston, TX, 77057

Off Market

3 Beds

4 Bath

2,450 Sq Ft

Condos / Townhouses

$236.73 / sqft

Built in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Convection Oven, Microwave, Gas Range, Dishwasher, Washer/Dryer

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,634 sqft

Building Information

Year Built2014

Garage Spaces1

Land Information

APN0741370030004

Lot Number4

SubdivisionWestheimer Estates 2nd Par R/P

Land UseResidential

Legal DescriptionLT 4 BLK 1 WESTHEIMER ESTATES 2ND PAR R/P

Census Tract432004

Assessed Land Value$123,624

Assessed Improvement Value$445,655

Assessment Year2025

About this property

This beautiful home includes upgraded light fixtures and flooring that make the space warm yet contemporary. Enjoy entertaining guests in the home's open second floor. The exquisite kitchen, with granite counters, pantry, breakfast bar and gas range, flows seamlessly into the family room and dining room. The spacious primary bedroom and ensuite bathroom offer sanctuary from a long day of work or play. Utilize the fourth floor for overnight guests who will appreciate a large bedroom with ensuite bath just off of the home's game room with mini-bar. The first floor, currently used as an office, is also a perfect bedroom for guests sitting just off of the home's relaxing paver-lined patio. 2905 Bering is the perfect lock and leave in close proximity to outstanding Galleria area restaurants and shopping! All information is per Seller.

Investor Tools

$643,000

Estimated Property Value

$378,000Estimated Mortgage Balance

$296,514Estimated Equity

41% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,858 /month

Positive

Cash Flow Estimate:

$1,286 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$934/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,995

$569,279

2025

$123,624

$445,655

$569,279

Tax History

Year

Tax Paid

Assessed Value

2024

$7,995

$569,279

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Top One Mortgage

Conventional

$378,000

First

Dec 16, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$346,486

$271,514

43%

54%

$2,267/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,030/mo

$2,267/mo

$-237/mo

3.8%

Learn About the Market: Opportunity in Houston

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