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$245,000

NAL Estimated Property Value

1721 Nichole Woods Dr, Houston, TX, 77047

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,776 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.85 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size2,540 sqft

Building Information

Year Built2012
Garage Spaces2

Land Information

APN1283330010034
Lot Number34
SubdivisionCity Park
Land UseResidential
Legal DescriptionLT 34 BLK 1 CITY PARK SEC 5
Census Tract330901
Assessed Land Value$32,877
Assessed Improvement Value$209,664
Assessment Year2025

About this property

Charming three-bedroom, two and a half bathroom, two-story home featuring a two-car detached garage! The 1st floor offers a warm formal dining or living room, a guest centered half bath, welcoming family room, and an adjacent kitchen that includes tile floors, a bright breakfast area, and granite-look laminate countertops! Upstairs, you'll find the large bedrooms including the primary suite completed by an en-suite bath with garden tub and separate shower! The second full bath offers a well-maintained shower/tub combo. The back door will give you access to the detached garage and usable private backyard space that is fully fenced! This home is located with easy access to the neighborhood's central park, Hwy 288, and Beltway 8! It also has a large greenspace directly next door and no direct back neighbors! Just minutes from the Texas Medical Center, this master planned community offers a short commute for med center employees. Schedule a private showing today!

Investor Tools

Property Icon
$245,000
Estimated Property Value
$219,199Estimated Mortgage Balance
$25,801Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
$735/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,075
$242,541
2025
$32,877
$209,664
$242,541
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,075
$242,541

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Fha
$235,653
Yes
First
Aug 31, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,199
$23,342
9%
89%
$1,413/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,000/mo
$2,148/mo
$-148/mo
9.8%

Learn About the Market: Opportunity in Houston

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Explore

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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1721 Nichole Woods Dr | Property Details | No Agent List