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$900,000

NAL Estimated Property Value

1539 Nevada St, Houston, TX, 77006

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,063 Sq Ft
price_per_sqft$270.98 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

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
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Wine Refrigerator, Double Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer, Cooktop
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size3,280 sqft

Building Information

Year Built2000
Garage Spaces1

Land Information

APN1206870010003
Lot Number3
SubdivisionNevada Place
Land UseResidential
Legal DescriptionLT 3 BLK 1 NEVADA PLACE
Census Tract410402
Assessed Land Value$311,600
Assessed Improvement Value$466,890
Assessment Year2025

About this property

Offer Received - Open Houses cancelled. A charming and beautifully maintained home in North Montrose that features first floor living areas, a backyard with pool, driveway parking, and numerous upgrades! Ground floor layout includes living room, updated kitchen with stainless appliances, dining room, gas log fireplace, whole home surround sound system, and an elevator shaft to the 2nd floor that has been converted into a dry bar with wine chiller. Oversized second floor Primary suite with spacious bathroom and dual closets. Two secondary bedrooms with a shared bath. Third floor flex room with half bath can be bedroom, gym, or game room. Private backyard features lush landscaping and a pool with water feature to escape the heat. 2-Car garage has built-in storage and a private driveway that can park 2 cars, a must have in Montrose! Roof replaced in 2024! This home is diligently cared for and move-in-ready! Minutes away from downtown and popular area dining establishments.

Investor Tools

Property Icon
$900,000
Estimated Property Value
$792,051Estimated Mortgage Balance
$107,949Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,315/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,278
$778,490
2025
$311,600
$466,890
$778,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,278
$778,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$795,500
No
First
Feb 27, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$792,051
$96,949
10%
88%
$4,770/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,770/mo
$-2,190/mo
3.4%

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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1539 Nevada St | Property Details | No Agent List