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Owner Contacts

$1,035,000

NAL Estimated Property Value

1508 Nicholson St, Houston, TX, 77008

Off Market

3 Beds

3 Bath

2,470 Sq Ft

$323.48 / sqft

Built in 1999

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Dryer Included, Refrigerator Included, Washer Included, Oven, Microwave, Gas Range, Dishwasher

FlooringTile, Wood

Exterior

Lot Size4,395 sqft

Building Information

Year Built1999

Stories2

Garage Spaces2

Land Information

APN0201430000042

Lot Number21

SubdivisionHouston Heights Amend

Land UseResidential

Legal DescriptionLT 21 BLK 147 HOUSTON HEIGHTS AMEND

Census Tract511301

Assessed Land Value$395,640

Assessed Improvement Value$482,098

Assessment Year2025

About this property

Charming Craftsman w/ the historic allure of Heights homes & modern 20th-century amenities. Enjoy a spacious front porch overlooking Heights Hike & Bike Trail & Herkimer Park. THE INTERIOR HAS BEEN FRESHLY PAINTED IN JULY 2025! Gorgeous details include crown molding, hardwood floors, large primary suite w/ views of the front porch & back deck. A well-equipped kitchen opens to the large living room w/ a cozy fireplace, formal dining room, half bath, & large backyard deck. Discover unique touches upstairs: a secret room behind the bookcase, built-in office desk, hideaway TV nook in the family/game/media room, & 3 walk-in attic storage spaces. Recent updates include: 2024- New Roof, New north & east Fence, New Backyard Deck, New Blinds. See Updates & Features for a full list. Join in on White Linen Nights, Lights in the Heights, and the Heights Home Tour. See the Haven Magazine link under Virtual Tour, page 50. Schedule a tour today!

Investor Tools

$1,035,000

Estimated Property Value

$0Estimated Mortgage Balance

$1,035,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$6,210 /month

Positive

Cash Flow Estimate:

$2,070 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,469/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,453

$877,738

2025

$395,640

$482,098

$877,738

Tax History

Year

Tax Paid

Assessed Value

2024

$12,453

$877,738

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$877,738

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

N/A

+$2,230/mo

2.6%

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