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$295,000

NAL Estimated Property Value

1708 Capstan Rd, Houston, TX, 77062

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.7 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,802 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN0964820000599
Lot Number585,586
SubdivisionClear Lake City
Land UseResidential
Legal DescriptionTRS 585B & 586 BLK 41 SE 34.06 FT OF LT 585 & NW 31.94 FT OF LT 586 CLEAR LAKE CITY SEC 3
Census Tract340501
Assessed Land Value$55,809
Assessed Improvement Value$233,045
Assessment Year2025

About this property

Welcome to this spacious 4-bedroom, 2-bath mid-century modern gem in Clear Lake City, zoned to highly rated CCISD schools! With 2,300 sq ft of living space, this home features a versatile loft that can serve as a 5th bedroom or flex space. The kitchen is a chef's dream with a huge center island and lots of cabinet space. Eat your breakfast fireside, with the cozy fireplace ready to go for those cold mornings! This home has been thoughtfully updated over the years! Major improvements include: new A/C and heater (2018), PEX plumbing (2025), roof (2020), tankless water heater (2025), and fresh exterior paint (2025). The kitchen remodel (2016) adds modern style and convenience, along with updated windows throughout key rooms (2016–2017). Additional features include a covered patio (2003), foundation repair (1993), and a functional layout perfect for comfortable living. For the outdoor lover, just a few steps to Exploration Green Phase 5. All appliances stay!! A true Clear Lake classic!

Investor Tools

Property Icon
$295,000
Estimated Property Value
$0Estimated Mortgage Balance
$295,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$284/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,929
$288,854
2025
$55,809
$233,045
$288,854
No

Tax History

Year
Tax Paid
Assessed Value
2020
$1,929
$288,854

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$296,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$350/mo
+$1,372/mo
7.0%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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