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Days on Market
75
Views
N/A
Saves
N/A
Property Estimate
$255,000
ROI
11.58%
LT Rental Confidence
N/A
Cap Rate
9.1%
Rent / Price
1.1%
Address:
2588 Bering Dr, Houston, TX 77057
Property Type
Townhouse
Area
1,935 sqft
Bed & Bath
3bd / 3ba
Property Condition
Turn-Key
N
Contact Realtor
N/A

Property Report

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Research Market
Research Market
TX 77057
Local Property Manager
N/A
Property photo
Area
1935 sqft
Bed
3
Bath
3
Property Estimate
$255,000
Return on Investment
11.58%ROI

Property Details

HOA Cost
None
Year Built
1979
Price Per Square Foot
$132 /sqft
Lot Size
5 acres
Property Parking
N/A
Public Transport Score
N/A
Bike Score
N/A
Walkability
N/A

Seller Description

This beautifully updated townhome-style condo offers the perfect blend of comfort, style, and location. Featuring 3 spacious bedrooms and an open-concept kitchen and dining area ideal for entertaining, the home also boasts a generous living space with a cozy fireplace. Designer touches include granite countertops, slate and wood laminate flooring, pressed metal accents, and stainless steel appliances. The covered back patio—with two Hunter Douglas fans—is perfect for relaxing year-round. Enjoy direct access to the gorgeous community pool, located just steps from your front door, surrounded by lush tropical landscaping. Washer and dryer are conveniently included on the second floor. Never flooded and not in a flood zone, this home offers peace of mind and resort-style living just minutes from world-class shopping and dining in the Galleria. Cash or Third Party Seller Financing for this gem.

Schools

School District:
N/A

Briargrove Elementary School

School Rating
5 /10
Grades
PK-5
Distance
0.9 miles

Tanglewood Middle

School Rating
5 /10
Grades
6-8
Distance
0.9 miles

Lee High School

School Rating
2 /10
Grades
9-12
Distance
1.4 miles

Climate Risk

  • Flood Risk

    Risk Level
    Low
    Risk Score
    3/10
    Insurance:
    Recommended

  • Fire Risk

    Risk Level
    Very Low
    Risk Score
    1/10
    Insurance:
    Not Critical

  • Wind Risk

    Risk Level
    Very High
    Risk Score
    9/10
    Insurance:
    Critical

  • Air Risk

    Risk Level
    Very Low
    Risk Score
    2/10

  • Heat Risk

    Risk Level
    Very High
    Risk Score
    9/10

ROI Breakdown

Return on Investment
11.58%ROI
Total Income
$2,804
Total Expenses
$1,720
Total Appreciation
$618,952

Income

Monthly

Income
Monthly Income$2,804
Total Income
$2,804

Expenses

Monthly

Expenses
Mortgage$860
PMI$0
Maintenance$140
Cap Ex$196
Property Tax$93
Property Management$224
Home Insurance$89
HOA$0
Vacancy$118
Total Expenses
$1,720

Appreciation

30 yrs

Appreciation
Annual House Appreciation3%
Total Appreciation
$618,952

Return on Investment

30 yrs

Return on Investment
Total Initial Cost$67,575
Total Expenses$1,007,709
Total Appreciation$618,952
Selling Fee (6%)$37,137
Total Income$2,235,534
Total ROI
11.58%

Rental Opportunities

Zillow

Long-Term Rental Information

Average Monthly Revenue
$2,804
Average Monthly Expense
$1,720
Monthly Property Tax
$93
Estimated Monthly Profit
$1,084
LT Rental Confidence
N/A
Airbnb

Short-Term Rental Information

Average Monthly Rate
$5,050
Average Monthly Expense
$3,925
Average Nightly Rate
$318
Average Monthly Occupancy
54%
Estimated Monthly Profit
$1,125
ST Rental Confidence
N/A

Historical and Forecasting Property Data

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