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$1,715,000

NAL Estimated Property Value

1240 Candlelight Ln, Houston, TX, 77018

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths4,494 Sq Ft
price_per_sqft$367.16 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Double Oven, Microwave, Free-Standing Range, Gas Range, Indoor Grill, Dishwasher, Oven
FlooringStone, Tile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size8,041 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APN0731000180023
Lot Number23
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 23 BLK 35 OAK FOREST SEC 3
Census Tract531700
Assessed Land Value$502,920
Assessed Improvement Value$945,380
Assessment Year2025

About this property

Oversized Lot! Stunning 5/6 bed, 5 1/2 bath, Massive Primary Suite, Home Gym, opt Guest Suite, game room with wet bar/wine chiller! This beautiful home has 12' ceilings, solid hardwood floors throughout. Formal Study, Formal Dinning with separate wine bar, Media/Game Room with wet bar, Huge Back Yard w/Full Outdoor Kitchen, pool bath and plenty of room for a Pool. Upgraded features, Whole-home Dehumidification and Upgraded HVAC, Smart Home, Generator ready, Tankless Water Heaters, Upgraded Foam Insulation, 6" exterior walls, Solid Wood Custom Cabinetry, Chef Kitchen, 48inch Stove, double ovens, 10ft Kitchen island, crown molding and custom trim work, designer plumbing fixtures. 10 YEAR WARRANTY! Primary bed offers, His and Her walk-in closets, oversized shower, soaking tub, his and her vanities. Oversized secondary bedrooms! Mudroom entry off garage, tons of storage. Alarm system and 4 security cameras included, wired for surround sound inside and out. Pool shown is an Optional Upgrade

Investor Tools

Property Icon
$1,715,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,715,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,290 /month
Positive
Cash Flow Estimate:
$3,430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,337/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,464
$1,448,300
2025
$502,920
$945,380
$1,448,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,464
$1,448,300

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,748,000
100%
0%
$0/mo

City: Houston

1240 Candlelight Ln | Property Details | No Agent List