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$867,000

NAL Estimated Property Value

2531 Nicholson St, Houston, TX, 77008

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,666 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$337.21 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size4,199 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN1218920010001
Lot Number1,2
Land UseResidential
Legal DescriptionLTS 1 & 2 BLK 1 VILLAGE AT NICHOLSON
Census Tract511501
Assessed Land Value$399,000
Assessed Improvement Value$406,017
Assessment Year2025

About this property

Premiere location on the Nicholson hike/bike trail within walking distance to acclaimed restaurants, coffee shops, workout studios, new M-K-T, Heights Mercantile & neighborhood parks. This fully fenced amazing RENOVATED home features two spacious front porches with perfect views of Heights life. The sizable kitchen is perfect for gatherings offering quartz counters, classic white tile backsplash, stainless steel appliances, ample counter space for preparing meals. Conveniently enter the home through the oversized attached 2 car garage with new commercial grade epoxy floor and double wide driveway. The Dining Room and Living Room flow seamlessly with many options for furniture placement. Three bedrooms up plus a flex room currently workout room. The generous primary bedroom features an east facing private balcony and a perfect view of the hike/bike trail. New roof, hardwood floors, show-stopping front gas lantern, ALL bathrooms remodeled, Mahogany front door, **see list per seller

Investor Tools

Property Icon
$867,000
Estimated Property Value
$594,704Estimated Mortgage Balance
$272,296Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,351/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,876
$805,017
2025
$399,000
$406,017
$805,017
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,876
$805,017

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$640,500
No
First
Jul 22, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$594,704
$285,296
32%
69%
$3,841/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$3,841/mo
$-1,611/mo
3.1%

City: Houston

2531 Nicholson St | Property Details | No Agent List