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$400,000

5520 Nolda St, Houston, TX, 77007

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,538 Sq Ft
price_per_sqft$208.06 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size2,187 sqft

Building Information

Year Built2008
Garage Spaces1

Land Information

APN1300480010011
Lot Number11
SubdivisionNolda Terrace T/H
Land UseResidential
Legal DescriptionLT 11 BLK 1 NOLDA TERRACE T/H
Census Tract510602
Assessed Land Value$185,810
Assessed Improvement Value$188,422
Assessment Year2025

About this property

Come discover this gorgeous 2 story City Home in the heart of the bustling & thriving Rice Military/Washington Corridor area. Just minutes from Downtown Houston, Memorial Park, gourmet restaurants, craft breweries, art galleries, night life and shopping. New HEB just around the corner!! This home is nestled in a quaint gated community and is ready for your discovery. Stunning handscraped hardwood floors thru-out most of this lovely home with upgraded granite in the kitchen & stainless steel appliances. Upgraded granite in all the bathrooms. Abundant natural light fill this cheerful home...Gorgeous master bedroom retreat with "SPA LIKE" en-suite with large soaking tub & separate shower. Energy efficient w/ radiant barrier in the attic. Sound proofed windows make this space a true sanctuary in the convenient and exciting city lifestyle. Very convenient & sought after private driveway make this home perfect for visiting guests. Please watch walk through video to really see this "GEM"!!

Investor Tools

Property Icon
$400,000
Estimated Property Value
$292,500Estimated Mortgage Balance
$135,955Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$600/month
$995/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,202
$374,232
2025
$185,810
$188,422
$374,232
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,202
$374,232

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$292,500
No
First
Apr 19, 2021
May 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,045
$112,955
29%
66%
$1,754/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,749/mo
$-169/mo
7.7%

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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5520 Nolda St | Property Details | No Agent List