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$810,660

NAL Estimated Property Value

1542 Nicholson Street, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,416 Sq Ft
price_per_sqft$526.13 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size5,279 sqft

Building Information

Year Built1920
Stories1
Garage Spaces2

Land Information

APN0201430000032
Lot Number33
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 33 & TR 32 BLK 147 HOUSTON HEIGHTS
Census Tract511301
Assessed Land Value$475,200
Assessed Improvement Value$335,460
Assessment Year2025

About this property

Beautiful home in a prime location! Situated directly across from the Heights hike/bike trail and walking distance to restaurants and entertainment, this home is a true gem! The home is just 3 short blocks to shops and restaurants on 19th street and a few blocks from Heights Bier Garten. The 1920s home has a beautifully renovated kitchen featuring quartzite countertops, white subway tile backsplash, and stainless steel appliances. Bonus spaces in this home include an office nook off the kitchen and a mud room in the breakfast area. Exterior features include recent roof, 2-car garage, covered back porch and sprinkler system. Enjoy the entire fully fenced front and back yard!

Investor Tools

Property Icon
$810,660
Estimated Property Value
$349,930Estimated Mortgage Balance
$460,730Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,864 /month
Positive
Cash Flow Estimate:
$1,621 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,896
$810,660
2025
$475,200
$335,460
$810,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,896
$810,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Commercial Bank
Conventional
$424,000
No
First
Nov 27, 2017
Dec 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$349,930
$460,730
56%
43%
$2,543/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,543/mo
+$337/mo
4.3%

City: Houston

1542 Nicholson Street | Property Details | No Agent List