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$176,000

NAL Estimated Property Value

661 Bering Dr Unit 308, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,266 Sq Ft
price_per_sqft$138.23 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringLaminate, Tile

Exterior

Exterior FeaturesTennis Court(s), Outdoor Kitchen, Dog Run, Balcony

Building Information

Year Built1980
Stories1

Land Information

APN1147430030007
SubdivisionWoodway Place Atrium Condo
Land UseResidential
Legal DescriptionUNIT 308 FLOOR 3 .010774 INT COMMON LAND & ELE WOODWAY PLACE ATRIUM CONDO
Census Tract431506
Assessed Land Value$35,176
Assessed Improvement Value$129,824
Assessment Year2025

About this property

Completely remodeled (December-January 2024) 2 bed/2 bath condo in the Galleria/Tanglewood area. This unit gets beautiful light & has views of the sparkling pool from the balcony & living room/dining room. The kitchen has granite counters, cabinets with pull outs that have just been freshly painted & a pantry. There's a walk-in storage closet across from the kitchen. French doors w/ frosted glass have just been added to the secondary bedroom w/ a closet that could also be an office. A full bath/guest bath is directly across from the secondary bedroom & has just been completely remodeled with new flooring, new tub & plumbing fixtures, beautiful subway tile, gorgeous vanity, faucet, mirror & light fixture. The primary bedroom is very spacious & has new flooring, 2 closets, & a brand new bathroom. Custom window treatments have just been installed in both bedrooms. The building has 24 hr controlled manned access, resort style pool & outdoor kitchen, tennis courts & across from a dog park!

Investor Tools

Property Icon
$176,000
Estimated Property Value
$0Estimated Mortgage Balance
$176,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,056 /month
Positive
Cash Flow Estimate:
$352 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
$1,145/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,199
$165,000
2025
$35,176
$129,824
$165,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,199
$165,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$172,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$1,145/mo
+$395/mo
10.5%

City: Houston

661 Bering Dr Unit 308 | Property Details | No Agent List