B+

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Owner Contacts

$628,000

NAL Estimated Property Value

792 Nicholson St, Houston, TX, 77007

Off Market

3 Beds

4 Bath

2,038 Sq Ft

Single Family Residence

$196.22 / sqft

Built in 2012

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size1,407 sqft

Building Information

Year Built2007

Garage Spaces2

Land Information

APN1291060010017

Lot Number17

SubdivisionWaterhill Homes At The Heights

Land UseResidential

Legal DescriptionLT 17 BLK 1 WATERHILL HOMES AT THE HEIGHTS

Census Tract510500

Assessed Land Value$140,600

Assessed Improvement Value$417,325

Assessment Year2025

About this property

Incredible opportunity to live steps from the sought-after Heights Hike & Bike Trail! This recent construction freestanding home features guest room (with en-suite bath & large closet) on the first floor. Second floor features gorgeous kitchen, dining, living, half bath, and spacious balcony (w/water & gas connections) perfect for grilling. Third floor features impressive master suite, secondary bedroom (with en-suite bath) and sizable laundry room making a great floor plan for every lifestyle. Fourth floor features a spectacular rooftop deck with stunning downtown views! The enclosed back area can be enhanced with synthetic artificial lawn (ideal for your pet) if you desire! Truly a must have home that checks every box with plenty of guest parking rare to find in the city! Unbeatable location offers great walkability to Heights Mercantile, Heights Central Station, Donovan Park, Presidio, Eight Row Flint, 19th Street, new 2-story HEB & many other neighborhood attractions.

Investor Tools

$628,000

Estimated Property Value

$474,556Estimated Mortgage Balance

$153,444Estimated Equity

25% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,768 /month

Positive

Cash Flow Estimate:

$1,256 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$879/month

$1,380/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,413

$557,925

2025

$140,600

$417,325

$557,925

Tax History

Year

Tax Paid

Assessed Value

2024

$7,413

$557,925

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Trustmark National Bank

Conventional

$482,000

First

Mar 7, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$474,556

$161,444

25%

76%

$2,774/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$4,154/mo

$-1,574/mo

4.9%

Learn About the Market: Opportunity in Houston

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