76Days on Market

1view

$445,000

$465,000

1176 Nelson Falls Ln, Houston, TX, 77008

On Market

Price Drop

3 Beds

3 Bath

2,078 Sq Ft

Single Family Residence

$214.15 / sqft

Built in 2013

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Water Softener, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Dryer, Oven, Refrigerator, Washer

FlooringCarpet, Tile, Wood

Exterior

Lot Size2,152 sqft

Building Information

Year Built2013

Garage Spaces2

Land Information

APN1295910020025

Lot Number25

SubdivisionBeall Addition 15 1/2 Street Amend

Land UseResidential

Legal DescriptionLT 25 BLK 2 BEALL ADDITION 15 1/2 STREET AMEND

Census Tract511201

Assessed Land Value$118,250

Assessed Improvement Value$351,622

Assessment Year2025

About this property

FABULOUS free-standing, 2-story home in The Heights!! From the inviting covered front porch to the 2-car garage in the back - this home has so much to offer!! Open concept first floor with spacious Living Room and beautiful Kitchen boasting an island perfect for gathering, granite counters, a pantry and under-cabinet lighting. Convenient Half-Bath for guests on first floor! Heading upstairs, you'll find a roomy Primary Bedroom and Bath with separate shower and soaking tub plus two additional Secondary Bedrooms, a Full Bath and Utility Room. All appliances included - Refrigerator, Washer and Dryer!!! Tankless Hot Water Heater! Trash pickup, water/sewer, & yard maintenance & mulching covered by HOA. Gated front entry to home. Minutes from Downtown, the Galleria, Memorial Park, Uptown and so much more. Don't wait - come see today!!! Photos were taken prior to seller moving out of the home.

Investor Tools

$469,872

Estimated Property Value

$298,000Estimated Mortgage Balance

$206,202Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,819 /month

Positive

Cash Flow Estimate:

$940 /month

Interested in this property?

Sandra Ferguson

Precision Realty & Mgmt.

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$988/month

$2,340/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,511

$469,872

2025

$118,250

$351,622

$469,872

Tax History

Year

Tax Paid

Assessed Value

2024

$9,511

$469,872

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First United Bank & Trust Co

Conventional

$298,000

First

Jul 10, 2020

Aug 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$263,670

$206,202

43%

56%

$1,787/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$4,127/mo

$-1,897/mo

5.7%

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