$2,558,000
NAL Estimated Property Value3515 Nottingham St, Houston, TX, 77005
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
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
$2,558,000
Estimated Property Value
$4,033,227Estimated Mortgage Balance
$2,558,000Estimated 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
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%
