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Owner Contacts

$324,561

NAL Estimated Property Value

701 Bering Dr Unit 1706, Houston, TX, 77057

Off Market

2 Beds

3 Bath

1,500 Sq Ft

Condos / Townhouses

$226.67 / sqft

Built in 1977

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Building Information

Year Built1977

Stories2

Garage Spaces2

Land Information

APN1117010000006

SubdivisionWoodway Pines T/H Condo

Land UseResidential

Legal DescriptionUNIT 1706 BLDG Q .009259 INT COMMON LAND & ELE WOODWAY PINES T/H CONDO

Census Tract431506

Assessed Land Value$61,667

Assessed Improvement Value$262,894

Assessment Year2025

About this property

WOODWAY PINES POOL FRONT UNIT! Foundation work in entire building completed May 2024. New roof in 2023 for building paid for by HOA. 2024: new carpet on stairs and both upstairs bedrooms. Laminate flooring installed on second floor landing. 2018: replacement windows, kitchen faucet, under cabinet lighting and two shower heads in bathrooms. 2020: new washer/dryer. 2022: new AC unit installed, and serviced twice a year. Barn door in primary bedroom. 2023: new primary shower pan installed. Garage walls are covered in sheetrock and painted, and wood rot under front bay window repaired. Pool view from kitchen and second bedroom. HOA includes water, pool maintenance, basic cable, trash removal, and building insurance. Pool view from kitchen and one bedroom.

Investor Tools

$324,561

Estimated Property Value

$0Estimated Mortgage Balance

$324,561Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,040 /month

Positive

Cash Flow Estimate:

$680 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$522/month

$763/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,643

$324,561

2025

$61,667

$262,894

$324,561

Tax History

Year

Tax Paid

Assessed Value

2024

$4,643

$324,561

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$324,561

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,540/mo

$763/mo

+$777/mo

5.7%

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