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$153,000

NAL Estimated Property Value

3101 Nita St, Houston, TX, 77051

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.23 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,050 sqft

Building Information

Year Built1955
Stories1

Land Information

APN0810240000020
Lot Number20,21
SubdivisionReedwoods
Land UseResidential
Legal DescriptionW 18 FT OF LT 20 & E 37 FT OF LT 21 BLK 24 REEDWOODS
Census Tract331300
Assessed Land Value$72,600
Assessed Improvement Value$65,209
Assessment Year2025

About this property

Renovated home! Brand new HVAC just installed. Updates include freshly painted interior/exterior, refinished floors throughout, new kitchen, roof and PEX plumbing. Open layout with a 3rd bedroom/flex room off of the living room for multiple uses. Enjoy the oversized backyard surrounded by mature landscape. Conveniently located 5 minutes from 610 and BW8, located just off of HWY 288. Schedule your tour today!

Investor Tools

Property Icon
$153,000
Estimated Property Value
$118,705Estimated Mortgage Balance
$34,295Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,799
$137,809
2025
$72,600
$65,209
$137,809
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,799
$137,809

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$126,489
No
First
Jan 23, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,705
$39,295
24%
78%
$759/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$759/mo
+$548/mo
10.3%

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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3101 Nita St | Property Details | No Agent List