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$449,000

766 Nicholson Street, Houston, TX, 77007

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,565 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$286.9 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Exterior FeaturesBack Green Space, Side Yard
Lot Size1,407 sqft

Building Information

Year Built2012
Garage Spaces1

Land Information

APN1291060010040
Lot Number40
SubdivisionWaterhill Homes At The Heights
Land UseResidential
Legal DescriptionLT 40 BLK 1 WATERHILL HOMES AT THE HEIGHTS
Census Tract510500
Assessed Land Value$140,600
Assessed Improvement Value$233,000
Assessment Year2025

About this property

Your opportunity to call the sought-after Heights home! This charming, like-new and meticulously maintained home offers open-concept living, a private yard perfect for grilling, pets and a kids’ splash pad, plus a versatile third bedroom/game room plumbed for additional bath. You’ll find a sleek transitional design with exceptional finishes including hardwood floors throughout, soaring ceilings, sprawling countertops, a dedicated beverage bar, thoughtful accents and a plethora of natural light. Generously sized rooms, ample storage and an oversized primary suite conveniently located off the main living/kitchen for an ideal layout built for everyday living and entertaining. Enjoy excess street parking and an unbeatable LOCATION just steps from the hike-and-bike trail, M-K-T, neighborhood parks, booming restaurants, retail and MORE! An exceptional home offering the ideal combination of layout, outdoor space and walkability in the heart of the Heights!

Investor Tools

$0Estimated Mortgage Balance
$476,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,856 /month
Positive
Cash Flow Estimate:
$952 /month

Interested in this property?

Stephanie Pribble

Keller Williams Realty Metropolitan

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$648/month
$2,680/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,396
$373,600
2025
$140,600
$233,000
$373,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,396
$373,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$476,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,680/mo
$-100/mo
6.5%

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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