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$225,000

NAL Estimated Property Value

351 Lakeside Lane 304, Houston, TX, 77058

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,060 Sq Ft
price_per_sqft$212.26 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Electric Range, Free-Standing Range, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Refrigerator, Cooktop
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony, Dock

Building Information

Year Built1978
Garage Spaces1

Land Information

APN1134120030004
SubdivisionBayfront Towers Condo
Land UseResidential
Legal DescriptionTH 304 BLDG A 1/74 INT COMMON LAND & ELE BAYFRONT TOWERS CONDO
Census Tract341204
Assessed Land Value$41,980
Assessed Improvement Value$178,968
Assessment Year2025

About this property

Experience resort-style living every day in this Lakefront 1-bedroom, 2-full-bath condo with Million-Dollar Clear Lake views. Wake up to stunning sunrises and unwind to moonlit evenings from your large private balcony overlooking the water. Watch boats glide by, enjoy festive boat parades and fireworks, and keep an eye out for dolphins playing in the lake, all from the comfort of your own peaceful retreat. The kitchen features granite countertops and updated cabinets, the bedroom is generously sized, great closet space throughout the unit, and there is an easy straightforward option to reconfigure the layout into a 2-bedroom plan if desired. Set within a quiet, park-like community spanning over 4 acres with mature shade trees, picnic areas, and walking and fishing piers. Convenient elevator access nearby. Priced to sell quickly.

Investor Tools

Property Icon
$225,000
Estimated Property Value
$95,564Estimated Mortgage Balance
$129,436Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
$815/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,215
$220,948
2025
$41,980
$178,968
$220,948
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,215
$220,948

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Stand Alone First / Home Equity First Lien
$120,000
No
First
Sep 7, 2016
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,564
$129,436
57%
42%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,230/mo
$1,535/mo
$-305/mo
6.6%

City: Houston

351 Lakeside Lane 304 | Property Details | No Agent List