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Owner Contacts

$656,000

NAL Estimated Property Value

6109 Nicholas Grove Pl, Houston, TX, 77055

Off Market

3 Beds

4 Bath

2,492 Sq Ft

Single Family Residence

$260.83 / sqft

Built in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Dryer, Washer

FlooringTile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,564 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN1363520010016

Lot Number16

Land UseResidential

Legal DescriptionLT 16 BLK 1 ALEXANDRA GROVE

Census Tract520100

Assessed Land Value$177,063

Assessed Improvement Value$402,937

Assessment Year2025

About this property

Welcome to luxury living, nestled in a private gated community. This elegant 3-bedroom, 3.5 bathroom home is the epitome of modern sophistication, tailored for upscale professionals seeking an exquisite lifestyle. The kitchen greets you with magnificent quartz countertops that perfectly compliment the sleek stainless steel appliances in the chef-inspired kitchen. The open-plan living area, adorned with tall ceilings, and a magnificent wall of windows that bathes the room in natural light. The seamless transition to the seating balcony offers a retreat to unwind after a busy day. Retire to the primary bedroom, a haven of relaxation, featuring a spa-like bathroom. The attention to detail in the design and finishing caters to those with discerning tastes. Minutes from City Centre, the Galleria, and downtown, zoned to Memorial High School, this home has convenient access to premium shopping, dining and entertainment, affording you the city lifestyle without sacrificing privacy and comfort.

Investor Tools

$656,000

Estimated Property Value

$483,584Estimated Mortgage Balance

$172,416Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,936 /month

Positive

Cash Flow Estimate:

$1,312 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$709/month

$2,545/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,233

$580,000

2025

$177,063

$402,937

$580,000

Tax History

Year

Tax Paid

Assessed Value

2024

$5,233

$580,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Conventional

$500,000

First

Jul 11, 2024

Aug 2039

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$483,584

$168,416

25%

74%

$2,998/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$5,543/mo

$-3,317/mo

4.1%

Learn About the Market: Opportunity in Houston

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