Last 24 Hours
$989,000
NAL Estimated Property Value1043 Candlelight Ln, Houston, TX, 77018
Off Market
3 Beds
3 Bath
2,792 Sq Ft
Single Family Residence
$313.4 / sqft
Built in 1960Property Lead Type:
Absentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingExterior
Lot Size17,498 sqft
Building Information
Year Built1960
Stories1
Garage Spaces4
Land Information
APN1010720000679
Lot Number679,680
SubdivisionShepherd Park Plaza
Land UseResidential
Legal DescriptionLTS 679 & 680 BLK 19 SHEPHERD PARK PLAZA SEC 4
Census Tract530900
Assessed Land Value$672,000
Assessed Improvement Value$266,106
Assessment Year2025
About this property
Rare opportunity in Shepherd Park Plaza! Home boasts a double lot on a cul-de-sac. Options include remodeling the existing home, tear down and build a dream home, or even tear down and build on one lot and sell the other. Come and see today!
Investor Tools
$989,000
Estimated Property Value
$629,538Estimated Mortgage Balance
$359,462Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,934 /month
Positive
Cash Flow Estimate:
$1,978 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,659/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,960
$938,106
2025
$672,000
$266,106
$938,106
No
Tax History
Year
Tax Paid
Assessed Value
2024
$14,960
$938,106
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$672,000
No
First
Dec 1, 2022
Jan 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$629,538
$383,462
37%
64%
$4,029/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,029/mo
$-2,307/mo
2.1%
12.4%