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$176,000

NAL Estimated Property Value

708 Bering Drive L, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths935 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$223.53 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage

Building Information

Year Built1978
Stories1

Land Information

APN1134010000009
SubdivisionBeringwood Condo
Land UseResidential
Legal DescriptionUNIT 85 BLDG D .006120 INT COMMON LAND & ELE BERINGWOOD CONDO
Census Tract431506
Assessed Land Value$28,015
Assessed Improvement Value$119,433
Assessment Year2025

About this property

Gorgeous first-floor property for easy access, gated community. This fully upgraded condo features hardwood floors throughout, LED recessed lighting, a stacked-stone fireplace with floating mantel, a wine bar with cabinetry, a kitchen with upgraded cabinets complete with granite countertops, and pull-out drawers. The primary bathroom has been fully upgraded with a glass shower enclosed tub, floating shelves, marble countertops, double sinks with LED vanity lit mirror. The primary closet is outfitted with custom floor-to-ceiling California closets and, of course, a chandelier. The secondary closet is outfitted with adjustable Elfa shelving. If you are looking for a home close to the Galleria with easy access to restaurants and shopping that has been fully upgraded and updated, this is your next home. Schedule an appointment today.

Investor Tools

Property Icon
$176,000
Estimated Property Value
$0Estimated Mortgage Balance
$176,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,254 /month
Positive
Cash Flow Estimate:
$418 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$338/month
$316/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,180
$147,448
2025
$28,015
$119,433
$147,448
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,180
$147,448

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$176,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$316/mo
+$1,224/mo
10.5%

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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708 Bering Drive L | Property Details | No Agent List