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$545,196

NAL Estimated Property Value

756 Nicholson St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,979 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$267.81 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,708 sqft

Building Information

Year Built2011
Garage Spaces2

Land Information

APN1291060010045
Lot Number45
SubdivisionWaterhill Homes At The Heights
Land UseResidential
Legal DescriptionLT 45 BLK 1 WATERHILL HOMES AT THE HEIGHTS
Census Tract510500
Assessed Land Value$170,700
Assessed Improvement Value$374,496
Assessment Year2025

About this property

Experience the best of Houston Heights living in this corner home in a gated community. At the intersection of the popular M-K-T and Nicholson Hike and Bike trails and just steps from Lawrence Park, this 3-bed, 2.5-bath home offers easy access to Downtown and the White Oak/Buffalo Bayou Trails. Home spans 3 levels and boasts wood floors throughout. Open kitchen features granite counters, a custom tile backsplash, stainless appliances, and a breakfast bar. The living space is enhanced with built-in cabinets and a home theater system, complete with surround sound ceiling speakers and wiring. Enjoy the south-facing balcony for plenty of natural light, and the fenced yard with a patio provides a great outdoor space for pets and relaxation. The garage includes overhead storage racks for added convenience. With private gate access and a gated driveway, this home ensures both security and privacy. All within walking distance to fantastic shopping and restaurants at M-K-T Heights.

Investor Tools

Property Icon
$545,196
Estimated Property Value
$378,288Estimated Mortgage Balance
$166,908Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,271 /month
Positive
Cash Flow Estimate:
$1,090 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,090/month
$2,014/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,359
$545,196
2025
$170,700
$374,496
$545,196
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,359
$545,196

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Gibraltar Group Mortgage Llc
Conventional
$386,250
No
First
Mar 27, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$378,288
$166,908
30%
69%
$2,316/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$4,330/mo
$-1,750/mo
5.7%

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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756 Nicholson St | Property Details | No Agent List