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$613,000

1180 Nelson Falls Ln, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.6 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,152 sqft

Building Information

Year Built2013
Garage Spaces2

Land Information

APN1295910020026
Lot Number26
SubdivisionBeall Addition 15 1/2 Street Amend
Land UseResidential
Legal DescriptionLT 26 BLK 2 BEALL ADDITION 15 1/2 STREET AMEND
Census Tract511201
Assessed Land Value$118,250
Assessed Improvement Value$419,005
Assessment Year2025

About this property

This traditional, detached, gated home with the perfect floorplan in the heart of the city features RARE FIRST FLOOR LIVING that is punctuated with high ceilings, crown molding and wood floors that seamlessly transition to the open concept kitchen and dining. This space is an entertainers dream with a large island, ample rich wood cabinets, SS appliances, gas cooktop, modern light fixture and ½ bath. ALL THE BEDROOMS ARE UPSTAIRS + LAUNDRY ROOM. The large primary bedroom features wood floors, tall ceilings, en suite with granite countertops, double sinks, soaking tub, separate glass shower and spacious WIC. Two additional bedrooms of generous size are joined by a jack & jill bath with double sinks. THIRD FLOOR has a super sized GAME ROOM with full wet bar, wine cooler, ½ bathroom and spacious 250sqft* WALK-OUT TERRACE, perfectly outfitted with electric and gas connections. Breweries, coffee shops, and restaurants all in WALKING DISTANCE. *independently verify dimensions

Investor Tools

Property Icon
$613,000
Estimated Property Value
$404,000Estimated Mortgage Balance
$249,731Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,678 /month
Positive
Cash Flow Estimate:
$1,226 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$973/month
$1,788/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,608
$537,255
2025
$118,250
$419,005
$537,255
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,608
$537,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Usa Mortgage Inc
Conventional
$404,000
No
First
Feb 20, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,269
$251,731
40%
59%
$2,423/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$4,211/mo
$-1,981/mo
4.4%

Learn About the Market: Opportunity in Houston

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Explore

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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1180 Nelson Falls Ln | Property Details | No Agent List