$599,000

1516 Bay Area Blvd Unit S6, B9, E7, S11, K15 Houston, TX 77058

Clear Lake Neighborhood

Estimated payment $3,937/month

Total Views 4,350
2 Beds
2 Baths
904 Sq Ft
$663 Price per Sq Ft

Highlights

  • 337,435 Sq Ft lot
  • Balcony
  • 2 Car Garage
  • Falcon Pass Elementary School Rated A
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

A rare multifamily investment opportunity featuring six leased condo units in Baywind Condos, a well-maintained community in Clear Lake. This package includes a mix of (3) one-bedroom units and (3) two-bedroom townhome-style units, offering strong rental appeal. Several units have been updated between 2018-2024, and the property has a history of stable occupancy. With spacious layouts and access to community amenities, this portfolio is well-positioned for long-term value in a high-demand rental market.

Listing Agent

Luis G. Lopez

Compass RE Texas, LLC - Houston License #0655914

Compass RE Texas, LLC - Houston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,412

Year Built

  • Built in 1977

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 904 Sq Ft Home
  • 1-Story Property

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Falcon Pass Elementary School
  • Space Center Intermediate School
  • Clear Lake High School

Additional Features

  • Balcony
  • 7.75 Acre Lot
  • Central Heating and Cooling System

Community Details

  • Association fees include sewer, trash, water
  • 6 Units
  • Baywind Condominiums Association
  • Baywind Condo Sec 01 Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,412

Year Built

Built in 1977

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Directions: Coming South from I-45, turn LEFT (East) on W. Bay Area Blvd. Continue about 2 miles and Baywind Condominiums will be on your RIGHT side.
  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1977
  • Subdivision Name: Baywind Condo Sec 01
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Balcony
  • Living Area: 904.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: Special Addendum, Seller Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Utilities: Electricity Available, Water Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 4980.0
  • Association Fee Frequency: Annually
  • Association Name: Baywind Condominiums

Fee Information

  • Association Fee Includes: Sewer, Trash, Water

Schools

  • Elementary School: FALCON PASS ELEMENTARY SCHOOL
  • Junior High Dist: 9 - Clear Creek
  • High School: CLEAR LAKE HIGH SCHOOL
  • Middle Or Junior School: SPACE CENTER INTERMEDIATE SCHOOL

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2412.0

Multi Family

  • Number Of Units Total: 6

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,412 $96,000 $20,697 $75,303
2022 $2,047 $83,750 $17,777 $65,973
2021 $2,118 $82,189 $15,616 $66,573
2020 $1,900 $68,722 $14,185 $54,537
2019 $2,028 $70,083 $14,060 $56,023
2018 $732 $59,795 $11,361 $48,434
2017 $1,528 $52,853 $10,042 $42,811
2016 $1,148 $39,713 $7,545 $32,168
2015 $978 $39,000 $7,410 $31,590
2014 $978 $33,198 $6,308 $26,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 For Sale $599,000 -- $663 / Sq Ft
Source: Houston Association of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Unknown
Source: Public Records

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Source: Houston Association of REALTORS®

MLS Number: 40708680

Houston Association of REALTORS®

APN: 1119620000006

Texas Harris County Houston 77058 Clear Lake

1516 Bay Area Blvd Unit S6, B9, E7, S11, K15, Houston, TX

Homes for Sale in Houston, TX

This home is located at 1516 Bay Area Blvd Unit S6, B9, E7, S11, K15, Houston, TX 77058 and is currently priced at $599,000, approximately $662 per square foot. This property was built in 1977. 1516 Bay Area Blvd Unit S6, B9, E7, S11, K15 is a home located in Harris County with nearby schools including Falcon Pass Elementary School, Space Center Intermediate, and Clear Lake High School.

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Nearby Homes
Luis G. Lopez
Listing Agent
Luis G. Lopez
Section Image
Compass RE Texas, LLC - Houston
(713) 568-2389