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$604,000

NAL Estimated Property Value

1276 Nelson Falls Ln, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,518 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.38 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator
FlooringWood

Exterior

Exterior FeaturesBalcony
Lot Size2,152 sqft

Building Information

Year Built2012
Garage Spaces2

Land Information

APN1295910010042
Lot Number42
SubdivisionBeall Addition 15 1/2 Street Amend
Land UseResidential
Legal DescriptionLT 42 BLK 1 BEALL ADDITION 15 1/2 STREET AMEND
Census Tract511201
Assessed Land Value$118,250
Assessed Improvement Value$451,007
Assessment Year2025

About this property

Welcome home to 1276 Nelson Falls Lane located in the sought-after Heights Shady Acres Area! This rare 3 bedroom, 2 full & 2 half bathrooms 1st FLOOR LIVING gated community home is conveniently located next to the many area restaurants, breweries, coffee shops, parks & hike/bike trails. First floor living with open concept living, dining & kitchen w/ beautiful hardwood floors, high ceilings & crown molding. All 3 bedrooms are on the 2nd floor w/ game room & spacious outdoor deck on the 3rd floor with un-obstructed views for miles! The 3rd floor has a huge media/game room w/ a wet bar & beverage fridge, half bath, plus access to the rooftop deck. New wood floors (no carpet in house), New paint throughout the entire house, Ecobee thermostats, New Patio tiles, New Closet built ins, built in surround sound speakers on all 3 floors, tons of garage storage, and steps from the community dog park! Schedule you showing today, this one won't last long!

Investor Tools

Property Icon
$604,000
Estimated Property Value
$273,574Estimated Mortgage Balance
$330,426Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,624 /month
Positive
Cash Flow Estimate:
$1,208 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$952/month
$1,848/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,400
$569,257
2025
$118,250
$451,007
$569,257
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,400
$569,257

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$289,998
No
First
Apr 27, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,574
$330,426
54%
45%
$1,739/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,587/mo
$-1,357/mo
4.4%

Learn About the Market: Opportunity in Houston

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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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1276 Nelson Falls Ln | Property Details | No Agent List