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$237,000

NAL Estimated Property Value

701 Bering Dr Unit 1404, Houston, TX, 77057

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,154 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$207.11 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringTile, Wood

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1116980000004
SubdivisionWoodway Pines T/H Condo
Land UseResidential
Legal DescriptionUNIT 1404 BLDG N .009259 INT COMMON LAND & ELE WOODWAY PINES T/H CONDO
Census Tract431506
Assessed Land Value$38,624
Assessed Improvement Value$164,662
Assessment Year2025

About this property

Live minutes from the Galleria in this updated, lock and leave, modern condo, situated in the beautifully landscaped grounds of Woodway Pines Condominiums. This sophisticated one bedroom, one and 1/2 bath, with flex room, features an open floor plan including a dramatic two-story living room with floor to ceiling windows providing an airy, light filled interior. No carpet in home. 2025: Entire HVAC, replaced. 2024: Primary bath remodeled. 2023: 40 gallon water heater. 2019: Kitchen remodeled. 2017: Foundation repaired by homeowners association. Upstairs primary bedroom boasts large walk-in closet, custom built-ins, an ensuite bath with a walk-in shower. The flex space can be used as a home office, exercise room or extra sleeping area. There is a lovely landscaped patio, leading to a two car painted and sheet rocked garage. There is extra storage in the garage. A remarkable opportunity to live in Woodway Pines, with area shopping, restaurants, parks and a nearby dog park.

Investor Tools

Property Icon
$237,000
Estimated Property Value
$0Estimated Mortgage Balance
$237,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$154/month
$584/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$663
$203,286
2025
$38,624
$164,662
$203,286
No

Tax History

Year
Tax Paid
Assessed Value
2024
$663
$203,286

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$237,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,290/mo
$584/mo
+$706/mo
6.5%

Learn About the Market: Opportunity in Houston

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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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701 Bering Dr Unit 1404 | Property Details | No Agent List