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$233,000

NAL Estimated Property Value

1567 Nichole Woods Dr, Houston, TX, 77047

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,619 Sq Ft
price_per_sqft$110.87 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Laminate

Exterior

Lot Size2,470 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1259630010061
Lot Number61
SubdivisionCity Park
Land UseResidential
Legal DescriptionLT 61 BLK 1 CITY PARK SEC 2
Census Tract330901
Assessed Land Value$32,474
Assessed Improvement Value$188,911
Assessment Year2025

About this property

This is a great, unit bring your clients to see this home. Gorgeous 2 story home with 4 bedrooms 2/1 bath,primary bedroom located on the first level. Nestled in City Park subdivision with easy access to major highways. Perfect for first time home buyers or even Investors looking for Ready to go Rentals under 200K!! This home comes complete with all kitchen appliances, washer/dryer and hardwood flooring in primary bedroom.

Investor Tools

Property Icon
$233,000
Estimated Property Value
$149,775Estimated Mortgage Balance
$83,225Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,844
$221,385
2025
$32,474
$188,911
$221,385
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,844
$221,385

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wolfe Financial Inc
Conventional
$167,902
No
First
Oct 2, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,775
$81,225
35%
64%
$1,007/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$1,707/mo
+$883/mo
13.3%

City: Houston