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$1,193,223

1014 Nicholson St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,024 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$322.26 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Convection Oven, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size4,400 sqft

Building Information

Year Built2013
Garage Spaces3

Land Information

APN0202060000051
Lot Number24
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 24 BLK 210 HOUSTON HEIGHTS
Census Tract510500
Assessed Land Value$440,000
Assessed Improvement Value$753,223
Assessment Year2025

About this property

A 2-story home featuring inspired Creole architecture in the sought-after Heights area! This 3-bedroom home offers an open floor plan providing easy access to the living area, 12-ft wood beam ceilings & timeless custom finishes. A cooking connoisseur's delight, the gourmet kitchen is packed w/ a large island, a built-in wine fridge, a 5-burner gas stove & floor-to-ceiling cabinets for extra storage! Retreat in the expansive primary suite flaunting a seating area, spacious walk-in closet & direct access to the balcony. Marvel at the primary bath complete w/ a double sink vanity, a soaking tub & a glass-enclosed shower. This stylish home offers an unfinished garage apartment space and a 3-car garage. Enjoy a multitude of open-air spaces w/ a balcony, a front porch & a rear-covered patio perfect for entertaining, and reap the benefits of living near the Heights Hike & Bike Trail. Great opportunity to live in Inner Loop w/ close proximity to Downtown, Medical Center & the Galleria.

Investor Tools

Property Icon
$1,193,223
Estimated Property Value
$460,000Estimated Mortgage Balance
$767,660Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,159 /month
Positive
Cash Flow Estimate:
$2,386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,967/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,641
$1,193,223
2025
$440,000
$753,223
$1,193,223
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,641
$1,193,223

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Conventional
$460,000
No
First
May 27, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$425,563
$767,660
64%
36%
$2,758/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,758/mo
+$122/mo
2.9%

Learn About the Market: Opportunity in Houston

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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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1014 Nicholson St | Property Details | No Agent List