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$847,000

NAL Estimated Property Value

1615 Bethlehem St, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,516 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$298.09 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size11,735 sqft

Building Information

Year Built1961
Garage Spaces2

Land Information

APN0943210000007
Lot Number7
SubdivisionCandlelight Estates
Land UseResidential
Legal DescriptionLT 7 BLK 1 CANDLELIGHT ESTATES SEC 2
Census Tract531700
Assessed Land Value$436,137
Assessed Improvement Value$185,313
Assessment Year2025

About this property

Experience the allure of this updated 2-story home on a vast 0.26-acre lot, boasting 3 beds and 2.5 baths. Revel in the comfort and style of its spacious interior, featuring a formal dining and living room for entertaining and bonding. The heart of the home, the chef's kitchen, entices culinary enthusiasts with its dual ovens, lengthy granite countertops, and handy breakfast bar. Abundant cabinets and a wine fridge combine practicality with luxury. Nestled in the sought-after Oak Forest Elementary school zone. Embrace the convenience of Candlelight Estates Park just a stroll away. Modern upgrades grace the property, assuring comfort and tranquility including double pane windows, whole home generator, cameras, RUUD HVAC system 2022, and an irrigation system to name a few. More than a home, this property embodies functional finesse. Abundant features and prime location harmonize to offer the essence of contemporary living. Seize the chance to call this house your forever home.

Investor Tools

Property Icon
$847,000
Estimated Property Value
$337,422Estimated Mortgage Balance
$509,578Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,082 /month
Positive
Cash Flow Estimate:
$1,694 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,343/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,886
$621,450
2025
$436,137
$185,313
$621,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,886
$621,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$350,000
No
First
May 3, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,422
$482,578
58%
40%
$2,099/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,099/mo
+$127/mo
3.2%

City: Houston

1615 Bethlehem St | Property Details | No Agent List