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$261,000

118 W Candler Dr, Houston, TX, 77037

$291,286 ARV

Off Market

4 Beds

3 Bath

1,918 Sq Ft

Single Family Residence

$156.36 / sqft

Built in 1968

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringConcrete

Exterior

Lot Size10,476 sqft

Building Information

Year Built1968

Stories1

Garage Spaces2

Land Information

APN0992860000972

Lot Number972

SubdivisionNorthline Terrace

Land UseResidential

Legal DescriptionLT 972 BLK 5 NORTHLINE TERRACE SEC 5

Census Tract221602

Assessed Land Value$78,467

Assessed Improvement Value$120,607

Assessment Year2025

About this property

Renovated Modern Spanish Style Home! 4 bdrms/3 baths! Arched passage into the limewashed brick atrium. Original 60s carved wood front door! Polished terrazzo entryway. Open concept! Well appointed separate living areas. Bedrooms w/ceiling fans & walk-in closets! Kitchen features custom cabinets, open shelving, breakfast bar & walk-in pantry, trough sink! Split floor plan w/neutral tones. Primary bedroom w/sitting area, luxurious bathtub, big walk-in closet w/shelving, ensuite split bathroom w/quartz top vanity, trough sink & bathtub on one side/dual entry commode, shower, wash basin, & laundry on other. BIG backyard w/covered patio & mature pecan trees, making it ideal for outdoor gatherings. Energy efficient epoxy concrete floors; 2023 roof on the addition; 2023 main sewer lines replaced; Updated fixtures! Pre-wired alarm system; cul-de-sac lot w/no back neighbors! Electrical box & weather head (2015), 2023 cellulose insulation & soffetts replaced! NEVER FLOODED! SO Much MORE! NO HOA!

Investor Tools

$261,000

Estimated Property Value

$270,019Estimated Mortgage Balance

$0Estimated Equity

-3% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$291,285

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,799 /month

Positive

Cash Flow Estimate:

$600 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$400/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,499

$199,074

2025

$78,467

$120,607

$199,074

Tax History

Year

Tax Paid

Assessed Value

2024

$3,499

$199,074

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Fha

$270,019

Yes

First

Mar 19, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$264,453

N/A

101%

$1,619/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,619/mo

+$103/mo

7.9%

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