$200,000
2515 Bering Dr Unit 1, Houston, TX, 77057
On Market
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDisposal, Refrigerator Included, Electric Oven, Electric Range, Dryer, Full Size, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringTile, Wood
Exterior
Lot Size4.01 acres
Building Information
Year Built1978
Stories2
Land Information
APN1119060000001
SubdivisionBering Place T/H Condo Amend
Land UseResidential
Legal DescriptionUNIT 21 BLDG D .016121 INT COMMON LAND & ELE BERING PLACE T/H CONDO AMEND
Census Tract431403
Assessed Land Value$38,792
Assessed Improvement Value$165,376
Assessment Year2025
About this property
Great location in the heart of the Galleria! Quiet, gated well maintained community! Two story, two bedroom with 2 full and 2 half baths. Home office or flex room downstairs. Hardwood flooring in all living areas and bedrooms. Corner location gives extra windows and light! Granite counters in kitchen and baths. Both bedrooms have two large closets and the utility room is inside off of the kitchen. Two covered parking spaces. HOA includes insurance of the exterior, controlled access gate, pool, water and sewer.
Investor Tools
$0Estimated Mortgage Balance
$214,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,284 /month
Positive
Cash Flow Estimate:
$428 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
$393/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,618
$204,168
2025
$38,792
$165,376
$204,168
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,618
$204,168
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$214,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$393/mo
+$1,147/mo
8.6%
