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$1,021,000

NAL Estimated Property Value

1008 Candlelight Ln, Houston, TX, 77018

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,258 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$283.92 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,448 sqft

Building Information

Year Built1970
Stories2
Garage Spaces2

Land Information

APN1010780000703
Lot Number703
SubdivisionShepherd Park Plaza
Land UseResidential
Legal DescriptionLT 703 BLK 25 SHEPHERD PARK PLAZA SEC 4
Census Tract530900
Assessed Land Value$350,000
Assessed Improvement Value$491,039
Assessment Year2025

About this property

Don’t miss this updated 5 Bed, 3.5 Bath home in highly desirable Shepherd Park Plaza with a 3-car garage and private backyard oasis. New roof in 2020 and completely rerouted under slab plumbing. Fresh paint, double-paned windows, and traditional Southern-style shutters throughout. Home includes two Primary Suites, one up and one down. The kitchen is a chef’s delight with granite countertops, 48" stainless steel Thermador range and dishwasher, and drawer microwave. Living room has a gas-log fireplace, built-in surround sound, and TV bracket. The heated pool has a shallow sun-bathing shelf with umbrella and bubblers, waterfalls, swim-in grotto, hot tub, swim jet and 8.5-foot deep-end. Covered back patio includes cooling misting system, two 65-inch outdoor fans, quick-connect gas line for grill and already-installed TV bracket. 3-car garage has 60+ linear feet of Closetmaid shelving, Proslat slatwall storage with hooks plus rafter storage. All back doors offer keyless entry, as well!

Investor Tools

Property Icon
$1,021,000
Estimated Property Value
$596,372Estimated Mortgage Balance
$424,628Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,126 /month
Positive
Cash Flow Estimate:
$2,042 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,544/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,428
$841,039
2025
$350,000
$491,039
$841,039
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,428
$841,039

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$647,000
No
First
Mar 16, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$596,372
$566,628
48%
58%
$3,880/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,880/mo
$-1,654/mo
2.6%

City: Houston

1008 Candlelight Ln | Property Details | No Agent List