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$598,000

NAL Estimated Property Value

1272 Nelson Falls Ln, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,468 Sq Ft
price_per_sqft$232.98 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen, Balcony
Lot Size2,152 sqft

Building Information

Year Built2012
Garage Spaces2

Land Information

APN1295910010043
Lot Number43
SubdivisionBeall Addition 15 1/2 Street Amend
Land UseResidential
Legal DescriptionLT 43 BLK 1 BEALL ADDITION 15 1/2 STREET AMEND
Census Tract511201
Assessed Land Value$118,250
Assessed Improvement Value$444,179
Assessment Year2025

About this property

A beautiful home with highly sought after first floor living in desirable Shady Acres tucked into a gated community! This home features a large living space, dining room and kitchen with beautiful hardwoods throughout all on the first floor. The kitchen provides ample cabinetry, stainless appliances, wine storage and a countertop island with room for seating. Upstairs on the 2nd floor are the secondary bedrooms & bathroom, utility room, and the oversized primary bedroom with ensuite spa-like primary bath including a separate bathtub and shower and dual sinks. Wait until you see the 3rd floor - a huge game room/flex space with an additional half bath and access to the rooftop deck! Outside on the deck there is plenty of room for entertaining and a summer kitchen. This home is steps minutes from all the great restaurants and bars of The Heights and walking distance to the White Oak Bayou trails. Zoned to Sinclair Elementary.

Investor Tools

Property Icon
$598,000
Estimated Property Value
$480,773Estimated Mortgage Balance
$117,227Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,588 /month
Positive
Cash Flow Estimate:
$1,196 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$940/month
$2,076/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,289
$562,429
2025
$118,250
$444,179
$562,429
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,289
$562,429

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$485,000
No
First
Nov 20, 2025
Dec 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$480,773
$117,227
19%
80%
$2,908/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$4,984/mo
$-2,754/mo
4.5%

City: Houston

1272 Nelson Falls Ln | Property Details | No Agent List