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$2,558,000

NAL Estimated Property Value

3515 Nottingham St, Houston, TX, 77005

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,856 Sq Ft
price_per_sqft$621.11 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size11,252 sqft

Building Information

Year Built1985
Stories2
Garage Spaces2

Land Information

APN0551120750002
SubdivisionWest University Place
Land UseResidential
Legal DescriptionTRS 1B & 2B BLK 75 WEST UNIVERSITY PLACE SEC 2
Census Tract412400
Assessed Land Value$1,687,500
Assessed Improvement Value$813,200
Assessment Year2025

About this property

Fabulous opportunity in the sought after 3500 block of Nottingham in West University. This 11,250sf lot features many beautiful, mature trees and a private pool in the backyard. The property is being sold at lot value and the home will be sold As-is, seller will make no repairs. Must have an appointment to walk the property as the home is occupied.

Investor Tools

Property Icon
$2,558,000
Estimated Property Value
$4,033,227Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,348 /month
Positive
Cash Flow Estimate:
$5,116 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,877/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$45,731
$2,500,700
2025
$1,687,500
$813,200
$2,500,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$45,731
$2,500,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$4,093,093
No
First
Jul 23, 2025
Aug 2057

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,033,227
N/A
0%
158%
$24,541/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$24,541/mo
$-21,961/mo
1.2%

Learn About the Market: Opportunity in Houston

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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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3515 Nottingham St | Property Details | No Agent List