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$267,000

NAL Estimated Property Value

661 Bering Dr Unit 502, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,698 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$176.62 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

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

Building Information

Year Built1980
Stories1

Land Information

APN1147430050002
SubdivisionWoodway Place Atrium Condo
Land UseResidential
Legal DescriptionUNIT 502 FLOOR 5 .014499 INT COMMON LAND & ELE WOODWAY PLACE ATRIUM CONDO
Census Tract431506
Assessed Land Value$48,181
Assessed Improvement Value$205,405
Assessment Year2025

About this property

This exquisite unit is one of a kind in this building. This unit has been reconfigured to accommodate a more open floor plan concept for everyday living. The main living area is open to the formal dining, the remodeled kitchen, the niche & balcony. Designer ceiling with flush mount LED recessed lighting that also changes colors. Quartz counter tops, designer cabinets with gold cabinet pulls. Kitchen island comes equipped with new cook top & built in microwave. Sleek 4 door refrigerator with fingerprint technology, large, marbled tile flooring, built in TV entertainment center which includes 60' TV, A sleek built in electric fireplace, lots of cabinets & drawers. The decor compliments the design of the kitchen. Two full bathrooms has frameless showers, LED anti-FOG vanity mirrors & vanity sinks. Washer & dryer will stay. Shutters throughout how for decor & window protection, wider baseboards, wood flooring in bedrooms, large balcony which faces West, views of the Tennis court. New AC.

Investor Tools

Property Icon
$267,000
Estimated Property Value
$0Estimated Mortgage Balance
$267,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
$1,541/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,120
$253,586
2025
$48,181
$205,405
$253,586
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$4,120
$253,586

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$274,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,541/mo
+$489/mo
9.1%

City: Houston

661 Bering Dr Unit 502 | Property Details | No Agent List