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$218,000

NAL Estimated Property Value

4011 Nasa Pkwy Apt 512, El Lago, TX, 77586

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,066 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$130.86 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Storage, Boat Slip

Building Information

Year Built1983
Garage Spaces2

Land Information

APN1201090050004
SubdivisionMarina Bay Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 512 BLDG 5 .0380 INT COMMON LAND & ELE MARINA BAY CONDO 2ND AMEND
Census Tract341502
Assessed Land Value$39,767
Assessed Improvement Value$169,532
Assessment Year2025

About this property

This 2 bedroom, 2.5 bath condo is located in the waterfront community of Marina Bay in Seabrook, TX.The kitchen has granite countertops, stainless steel appliances that come with the sales price, and lovely maple cabinets. The downstairs has wooden floors, and tile in all wet areas.The living area has a wood burning fireplace, a nice big window,and a sliding door that lead to one of two nice sized patios. Both patios have great views of the marina, pool, and Clear Lake. Both bedrooms are located upstairs with full sized bathrooms and plenty of closet space.The master bedroom has a private balcony that also has fantastic waterfront views.This condo also includes a washer/dryer, and storage room. It also comes with one assigned covered parking spot, and BOAT SLIP, and this community offers an elevator. Did I mention that the complex is only minutes from Seabrook's Hiking/Biking trails,Seabrook Library,and lets not forget NASA, Kemah, and University of Houston.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$156,818Estimated Mortgage Balance
$61,182Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
$633/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,991
$209,299
2025
$39,767
$169,532
$209,299
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,991
$209,299

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amoco Fcu
Conventional
$164,000
No
First
Dec 20, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,818
$61,182
28%
72%
$984/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
$1,617/mo
$-197/mo
7.8%

City: El Lago

4011 Nasa Pkwy Apt 512 | Property Details | No Agent List