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$450,000

NAL Estimated Property Value

1253 Nelson Falls Ln, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,039 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$174.06 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,516 sqft

Building Information

Year Built2008
Garage Spaces1

Land Information

APN1295910040001
Lot Number1
SubdivisionBeall Addition 15 1/2 Street Amend
Land UseResidential
Legal DescriptionLT 1 BLK 4 BEALL ADDITION 15 1/2 STREET AMEND
Census Tract511201
Assessed Land Value$83,435
Assessed Improvement Value$315,833
Assessment Year2025

About this property

Beautiful craftsman style in gated community next to White Oak Bayou - hike & bike. 2008 model home features new paint throughout plus many designer upgrades including surround sound, window treatments, gorgeous molding, granite and travertine. Corner home offers views of the adjacent green space + tons of natural light. Oversized master & luxurious bath - 2 bedrooms on 3rd floor + 1st floor bedroom/study. High ceiling, 8' doors. Guest parking alongside the home to the right and wide streets.

Investor Tools

Property Icon
$450,000
Estimated Property Value
$299,500Estimated Mortgage Balance
$150,500Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
$156/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,281
$399,268
2025
$83,435
$315,833
$399,268
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,281
$399,268

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$333,740
No
First
Jan 7, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,500
$150,500
33%
67%
$2,001/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$2,157/mo
+$73/mo
5.9%

City: Houston

1253 Nelson Falls Ln | Property Details | No Agent List