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$294,999

$299,999

661 Bering Drive 709, Houston, TX, 77057

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,698 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$173.73 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

BankruptcyPre-ForeclosureHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Tile, Vinyl

Building Information

Year Built1980
Stories1

Land Information

APN1147430070008
SubdivisionWoodway Place Atrium Condo
Land UseResidential
Legal DescriptionUNIT 709 FLOOR 7 .014999 INT COMMON LAND & ELE WOODWAY PLACE ATRIUM CONDO
Census Tract431506
Assessed Land Value$39,104
Assessed Improvement Value$166,705
Assessment Year2025

About this property

Just listed — this stunning 3-bedroom condo features one of the most desirable floor plans in the building, paired with some of the best views available! This condo overlooks the pool and has gorgeous views of The Galleria & Uptown Park! Woodway Place Atrium is an exclusive boutique mid-rise with only 79 residences, offering true luxury living with 24-hour concierge, garage parking, pool, spa, tennis courts, fitness center, all set within beautifully maintained grounds. Enjoy exceptional walkability, with immediate access to the adjacent Tanglewood Park, dog park, and additional tennis facilities, creating a rare blend of privacy, green space, and urban convenience. Two assigned side-by-side parking spaces. Ideally located just minutes from The Galleria, Tanglewood, and Memorial Park, with quick access to major freeways.

Investor Tools

$35,103Estimated Mortgage Balance
$260,897Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

Interested in this property?

Laura Collins

Laura Collins, Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
$1,698/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,120
$205,809
2025
$39,104
$166,705
$205,809
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,120
$205,809

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Planters Bank Na
N/A
$126,000
N/A
First
Nov 14, 2001
Dec 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$35,103
$260,897
88%
12%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,698/mo
+$332/mo
8.2%

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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