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$195,000

661 Bering Dr Unit 708, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,266 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$189.57 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

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

Building Information

Year Built1980
Stories1

Land Information

APN1147430070007
SubdivisionWoodway Place Atrium Condo
Land UseResidential
Legal DescriptionUNIT 708 FLOOR 7 .010774 INT COMMON LAND & ELE WOODWAY PLACE ATRIUM CONDO
Census Tract431506
Assessed Land Value$31,268
Assessed Improvement Value$133,299
Assessment Year2025

About this property

Experience urban elegance in this stunning 2-bed, 2-bath mid-rise condo, perfectly nestled in Houston's coveted Uptown area. Bask in panoramic views of the downtown skyline from your private balcony—ideal for morning sunrises or spectacular holiday fireworks displays. Inside, discover brand-new hardwood floors and a modern kitchen boasting granite countertops, a breakfast bar, and sleek stainless steel appliances. Remote-controlled blinds add a touch of convenience and luxury. Indulge in premium amenities: play a match on the tennis court, take a dip in the pool, or stay fit in the fully-equipped gym. Enjoy the peace of mind that comes with concierge service and controlled access. Designed for those who crave style and sophistication, this condo is move-in ready—just bring your wardrobe and make it your own. Don’t miss this opportunity to elevate your living experience!

Investor Tools

Property Icon
$195,000
Estimated Property Value
$189,000Estimated Mortgage Balance
$46,911Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
$1,185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,730
$164,567
2025
$31,268
$133,299
$164,567
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,730
$164,567

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Conventional
$189,000
No
First
Mar 31, 2016
Apr 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,089
$56,911
27%
76%
$1,134/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$2,319/mo
$-779/mo
9.5%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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