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$338,804

NAL Estimated Property Value

5009 Nichols St, Houston, TX, 77020

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,767 Sq Ft
price_per_sqft$212.22 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,500 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1410430010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 (PR YR IMPS 2023*1410430010003) NICHOLS STREET LANDING
Census Tract211302
Assessed Land Value$70,000
Assessed Improvement Value$268,804
Assessment Year2025

About this property

Affordable city living featuring first floor living and kitchen floor plan. 2-story with 3 bedrooms located all upstairs. 2.5 baths, 2-car garage, private driveway and backyard are among the many offerings! French doors in the living room lead out to the backyard space. The kitchen showcases a breakfast bar, farmhouse apron sink, GE/Whirlpool stainless steel appliances, beverage fridge, walk-in pantry, real wood shaker style cabinets, and quartz countertops. Tall ceilings with recessed canned LED lighting and luxury vinyl plank flooring throughout the home. 8 Foot garage doors and extra storage space within the garage plus a private driveway that parks up to 4 vehicles. Two sizable guest rooms with a shared bathroom. Walk-in closets in every room. Close proximity to I-10 and East Downtown destinations and less than 10 minutes away from the East River Project. Ask us about affordable home grants!

Investor Tools

Property Icon
$338,804
Estimated Property Value
$368,620Estimated 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
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,049
$338,804
2025
$70,000
$268,804
$338,804
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,049
$338,804

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Unknown
$299,552
No
First
Apr 10, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,620
N/A
0%
109%
$2,334/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,334/mo
$-612/mo
6.1%

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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5009 Nichols St | Property Details | No Agent List