$600,000
NAL Estimated Property Value1220 Nelson Falls Ln, Houston, TX, 77008
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Dishwasher
Exterior
Lot Size2,152 sqft
Building Information
Year Built2013
Garage Spaces2
Land Information
APN1295910030010
Lot Number10
SubdivisionBeall Addition 15 1/2 Street Amend
Land UseResidential
Legal DescriptionLT 10 BLK 3 BEALL ADDITION 15 1/2 STREET AMEND
Census Tract511201
Assessed Land Value$118,250
Assessed Improvement Value$439,250
Assessment Year2025
About this property
This stunning 3-story home features granite counters, a 3-story balcony, hardwood floors, and vaulted ceilings. All bedrooms are conveniently located on the second floor, with an open floor plan perfect for entertaining. Situated in a gated neighborhood with parks and walking trails nearby, it offers a convenient lifestyle. Walking distance to the heights restaurants and businesses. The property boasts a turf front yard, ensuring low maintenance for the busy homeowner.
Investor Tools
$600,000
Estimated Property Value
$450,096Estimated Mortgage Balance
$149,904Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,749 /month
Positive
Cash Flow Estimate:
$1,250 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$957/month
$2,362/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,483
$557,500
2025
$118,250
$439,250
$557,500
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,483
$557,500
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Real Genius Llc
Conventional
$456,776
No
First
Sep 18, 2025
Oct 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$450,096
$149,904
24%
75%
$2,739/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$5,101/mo
$-2,871/mo
4.5%
