1516 Bay Area Blvd

Houston, TX 77058
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904 Sqft. ($680/Sqft.)
337,435 Lot Sqft
Multi-Family - 5 Plus

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Description

A great INVESTMENT Opportunity!! Six condos total, 5 units are currently leased. Three - 1bd 1bath and the other 3 -2bd 1.5 bath. Each condo has an assigned parking. 2 bedroom units have 2 parking spaces, 1 bedroom has 1 space. All units have been renovated. Great location! There are two swimming pools in the complex, one clubhouse and tennis courts. Units include, three, 2 bedrooms, 1. 5 bathrooms units and three, one bedrooms, one bath. The complex is easily accessible to U of H Clearlake, Baybrook mall, Space Center and supermarkets and access to I-45. HOA fees included sewer, water, trash, grounds keeping, roofing, pools, clubhouse, and exterior insurance.

MLS#
37787136
List Price
$615,000 ($680/Sqft.)
Listing Status
For Sale
Address
1516 Bay Area Blvd
City
State
TX
Zip Code
County
Legal Description
TH 11 BLDG S .00460 INT COMMON LAND & ELE BAYWIND CONDO SEC
Property Type
Multi-Family - 5 Plus
Stories
1
Building Size
904 Sqft/Appraisal District
Year Built
1977 /Appraisal
Lot Size
337,435 Sqft./Appraisal District
Maintenance Fee
$303 / Monthly
Key Map©
618Q
Market Area

Exterior

Roof
Composition
Exterior Type
Brick, Wood
Parking Unit
Two

Interior

Countertop
Granite, laminate
Floors
Tile
Cooling
Central Electric
Heating
Central Electric
Compactor
No
Dishwasher
Yes
Disposal
Yes
Energy Feature
Ceiling Fans

Lot information

Lot Size
337,435 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Financial

Financing Considered
Cash Sale, Conventional, Investor
Other Fees
No
Maintenance Fee
Yes / $303 / Monthly
Maint Fee Includes
Clubhouse,Exterior Building,Grounds,Other,Recreational Facilities,Water and Sewer
Taxes w/o Exemp
$1,850/2020
Tax Rate
2.6919

Additional information

List Type
Exclusive Agency to Sell/Lease
Unit Feature
Balcony,Fenced Area,Fireplace,Patio,Window Coverings
Buyer Agent Compensation*
3%
Sub Agent Compensation*
0%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Estimated electricity cost

Analysis for
1516 Bay Area Blvd
An Energy Ogre member at this location would SAVE $81/year. Find out more
Wondering if you're overpaying for electricity at your current home? Check now!

Down Payment Assistance

Down Payment Assistance
This property may be eligible for 11 programs and up to $29,212 in down payment assistance.  See More →

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Noise factors

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Source

Houston Association of REALTORS
Source last updated Apr 28, 2024 at 02:02 PM
Listing last updated Feb 23, 2024 at 04:27 PM

1516 Bay Area Blvd, Houston, TX 77058. View photos, map, tax, nearby homes for sale, home values, school info...

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