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$269,672

NAL Estimated Property Value

701 Bering Dr Unit 402, Houston, TX, 77057

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,285 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$208.56 / sqft
Year BuiltBuilt in 1977

Highlights

Interior

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

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1116880000002
Land UseResidential
Legal DescriptionUNIT 402 BLDG D .00959 INT COMMON LAND & ELE WOODWY PINES T/H CONDO
Census Tract431506
Assessed Land Value$51,238
Assessed Improvement Value$218,434
Assessment Year2025

About this property

Great looking townhouse condo in popular Woodway Pines features remodeled kitchen and baths, all with redesigned cabinets, counters, and hardware. Hardwood floors in the living and dining areas. A wood burning fireplace is flanked by floor to ceiling windows. The open kitchen has a pass through with breakfast bar and stainless appliances including recent induction range. Two sets of French doors open to a brick patio and adjacent 2-car garage. Upstairs features a second large living area or home office and spacious primary bedroom with en-suite bath and walk-in closet. Recent improvements include an electric panel with whole house surge protection, PEX piping, water heater, and air handler. Woodway Pines has parklike grounds and a fabulous community pool. HOA covers the exterior building maintenance, trash, water and sewer, and front yard maintenance in addition to the common areas. Across Bering is Tanglewood Park with a dog park and tennis courts. Exceptional property and location.

Investor Tools

Property Icon
$269,672
Estimated Property Value
$183,477Estimated Mortgage Balance
$86,195Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,618 /month
Positive
Cash Flow Estimate:
$539 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$422/month
$339/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,711
$269,672
2025
$51,238
$218,434
$269,672
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,711
$269,672

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$197,250
No
First
Aug 10, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,477
$97,523
34%
68%
$1,183/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,290/mo
$1,522/mo
$-232/mo
5.7%

City: Houston

701 Bering Dr Unit 402 | Property Details | No Agent List