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$1,246,000

NAL Estimated Property Value

1246 Nicholson Street, Houston, TX, 77008

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,335 Sq Ft
price_per_sqft$344.53 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Stone, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size4,800 sqft

Building Information

Year Built2012
Garage Spaces2

Land Information

APN0201760000034
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionTRS 34 & 35A BLK 180 HOUSTON HEIGHTS
Census Tract511301
Assessed Land Value$432,000
Assessed Improvement Value$686,000
Assessment Year2025

About this property

Immerse yourself in the essence of Heights living with this Craftsman-style jewel on a 4,800 sqft lot. This two-story home impresses with a welcoming brick front porch and a balcony overlooking the Hike & Bike Trail. Inside, discover an open layout with 11-ft ceilings, a sophisticated spiral staircase, rich hardwood floors, and a cozy fireplace. The spacious kitchen features granite countertops, stainless steel appliances, large island, walk-in pantry, & ample cabinets. Retreat to the primary suite w/ a sitting area perfect for a private TV room or home gym & a luxurious ensuite bath w/ dual vanities, soaking tub, and separate glass shower. The backyard is an ideal setting for gatherings, enhanced by a patio ready personalize for your entertaining needs. Strategically located, this home is a gateway to numerous parks, enriching your lifestyle with nature and outdoor activities while still steps away from all of the action with 19th St hot spots, MKT Heights & Heights Mercantile.

Investor Tools

Property Icon
$1,246,000
Estimated Property Value
$678,099Estimated Mortgage Balance
$567,901Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,476 /month
Positive
Cash Flow Estimate:
$2,492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,546/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,318
$1,118,000
2025
$432,000
$686,000
$1,118,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,318
$1,118,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$700,000
No
First
Aug 26, 2024
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$678,099
$567,901
45%
54%
$4,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$4,197/mo
$-1,317/mo
2.8%

City: Houston

1246 Nicholson Street | Property Details | No Agent List