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$402,651

NAL Estimated Property Value

1505 City Nights Way, Houston, TX, 77047

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,885 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.61 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,490 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN1370250060008
Lot Number8
Land UseResidential
Legal DescriptionLT 8 BLK 6 CITY PARK SOUTH SEC 1
Census Tract330901
Assessed Land Value$55,010
Assessed Improvement Value$347,641
Assessment Year2025

About this property

Beautiful home on a desirable corner lot featuring wood, tile, and granite finishes, complemented by neutral paint and trim throughout. The open and airy kitchen, breakfast, family, and dining areas offer ideal spaces for entertaining. Enjoy serene water views and a lighted fountain from both the family room and primary bedroom. Convenient access to the neighborhood walking trail and park adds to the home’s appeal. Additional highlights include stainless steel appliances, ceiling fans, spacious walk-in closets, and a large game room perfect for gatherings. The primary suite features high ceilings and expansive windows for abundant natural light. This home also offers the convenience of front yard maintenance included in the HOA. A new clubhouse and pool are coming soon! Ideally located with easy access to Highway 288 and Beltway 8—this home truly combines comfort, style, and location.

Investor Tools

Property Icon
$402,651
Estimated Property Value
$202,875Estimated Mortgage Balance
$199,776Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,416 /month
Positive
Cash Flow Estimate:
$805 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
$1,275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,883
$402,651
2025
$55,010
$347,641
$402,651
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,883
$402,651

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$226,518
No
First
Jan 30, 2021
Feb 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,875
$199,776
49%
50%
$1,359/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$2,634/mo
$-634/mo
6.0%

Learn About the Market: Opportunity in Houston

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Explore

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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1505 City Nights Way | Property Details | No Agent List