B+

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Owner Contacts

$678,538

NAL Estimated Property Value

2701 Nicholson St, Houston, TX, 77008

Off Market

3 Beds

2 Bath

1,666 Sq Ft

Single Family Residence

$369.15 / sqft

Built in 1999

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringWood

Exterior

Lot Size4,600 sqft

Building Information

Year Built1999

Garage Spaces2

Land Information

APN1204390000001

Lot Number1

Land UseResidential

Legal DescriptionLT 1 NICHOLSON STREET TWENTY SEVEN ZERO ONE

Census Tract511501

Assessed Land Value$437,000

Assessed Improvement Value$241,538

Assessment Year2025

About this property

Storybook three bedroom/two bath Heights bungalow with idyllic front porch just steps to the hike/bike trail! Built in 1999, this home provides all the charm of a 1920s bungalow, but with modern systems and many updates done in recent years. Some of the significant updates include: HVAC(2020), roof(2021), dishwasher(2022), exterior paint(2021), new fence(2021), interior paint(2022), refinished hardwood floors(2022), landscaping(2022). The versatile floor plan with great natural light & gorgeous pine hardwood floors throughout is great for entertaining! The spacious primary suite offers a nicely appointed bath & walk-in closet. Two additional bedrooms & full bath are perfect for guests/home office. The backyard offers another porch and additional yard & gardening spaces to enjoy as well as a detached 2-car garage. You will love being located right along the hike/bike trail for easy access throughout this wonderfully vibrant neighborhood with incredible dining & shopping destinations!

Investor Tools

$678,538

Estimated Property Value

$480,192Estimated Mortgage Balance

$198,346Estimated Equity

31% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,071 /month

Positive

Cash Flow Estimate:

$1,357 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,082/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,595

$678,538

2025

$437,000

$241,538

$678,538

Tax History

Year

Tax Paid

Assessed Value

2024

$9,595

$678,538

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Conventional

$520,000

First

Apr 11, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$480,192

$219,808

31%

71%

$3,118/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,230/mo

$3,118/mo

$-888/mo

3.9%

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