B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$212,000

NAL Estimated Property Value

1525 Nichole Woods Dr, Houston, TX, 77047

Off Market

3 Beds

2 Bath

1,201 Sq Ft

Single Family Residence

$158.12 / sqft

Built in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringWood

Exterior

Lot Size2,962 sqft

Building Information

Year Built2005

Garage Spaces2

Land Information

APN1259630010040

Lot Number40

SubdivisionCity Park

Land UseResidential

Legal DescriptionLT 40 BLK 1 CITY PARK SEC 2

Census Tract330901

Assessed Land Value$34,744

Assessed Improvement Value$166,547

Assessment Year2025

About this property

Cozy single family home in a beautiful and well-maintained community. UPDATED kitchen and NO CARPET! Perfect OPEN CONCEPT floor plan integrating living area with kitchen. Enjoy the outdoor patio for a family get-together or simply to relax with a good book. This beautifully maintained, single story has an ideal layout which will suit all your needs. It's all about location, location, location in real estate and this house allows for an easy commute. Very convenient location, only 15 minutes from Downtown Houston. This area of town is growing, and you are close to restaurants and shopping centers. Contact me today for a tour!

Investor Tools

$212,000

Estimated Property Value

$365,868Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,272 /month

Positive

Cash Flow Estimate:

$424 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$439/month

$700/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,212

$201,291

2025

$34,744

$166,547

$201,291

Tax History

Year

Tax Paid

Assessed Value

2024

$4,212

$201,291

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Primary Residential Mortgage Inc

Unknown

$198,831

First

Feb 18, 2022

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$365,868

N/A

173%

$2,386/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,000/mo

$3,086/mo

$-1,086/mo

11.3%

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.

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