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$1,410,000

NAL Estimated Property Value

1522 Nevada St, Houston, TX, 77006

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,695 Sq Ft
price_per_sqft$391.88 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWine Refrigerator, Convection Oven, Double Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Stone, Wood

Exterior

Private PoolPrivate Pool
Lot Size6,159 sqft

Building Information

Year Built2002
Stories2
Garage Spaces1

Land Information

APN0720490030011
Lot Number11
SubdivisionLucile Place
Land UseResidential
Legal DescriptionLT 11 BLK 3 LUCILE PLACE
Census Tract410402
Assessed Land Value$677,600
Assessed Improvement Value$636,229
Assessment Year2025

About this property

Simply stunning, this meticulously maintained home sits on a lush, oversized lot in Montrose’s high-demand area, near top dining, shopping, theaters, and parks. Freshly painted throughout, the interior feels bright and inviting, while the recently replastered private pool and deck create a luxurious tropical retreat. The first-floor master suite boasts a gorgeous bath and an enormous walk-in closet. A dramatic entry leads to a spacious dining room, and the open-concept kitchen flows seamlessly into the family room. Custom features include a butler’s pantry with a beverage fridge, a kitchenette with a beer tap in the game room, and a versatile flex room - perfect as a home office, study, game room, or kids' playroom. This is the only home in the area with an automatic gate and covered parking. Generously sized secondary bedrooms each feature beautiful baths and ample closet space. A rare gem in Montrose - prepare to fall in love!

Investor Tools

Property Icon
$1,410,000
Estimated Property Value
$792,298Estimated Mortgage Balance
$617,702Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,688 /month
Positive
Cash Flow Estimate:
$2,896 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,496/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,905
$1,313,829
2025
$677,600
$636,229
$1,313,829
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,905
$1,313,829

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$806,500
No
First
May 2, 2025
Jun 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$792,298
$686,702
46%
56%
$4,836/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,836/mo
$-1,496/mo
2.8%

City: Houston

1522 Nevada St | Property Details | No Agent List