$665,000
NAL Estimated Property Value1722 Candlelight Ln, Houston, TX, 77018
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringWood
Exterior
Lot Size10,075 sqft
Building Information
Year Built1951
Stories1
Garage Spaces1
Land Information
APN0731000510001
Lot Number1
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 1 BLK 69 OAK FOREST SEC 8
Census Tract531700
Assessed Land Value$570,075
Assessed Improvement Value$89,743
Assessment Year2025
About this property
Oversized corner LOT to build a great new home! 10,075 sq ft. Zoned to highly rated Oak Forest Elementary. Not in flood zone. House is a livable 3/2/1 if you want to lease it for a while before building. Grand recently built homes surround the property - next door, across the street, and all the way down Candlelight. Just a 1-2 blocks from Candlelight Park. Survey available for review. Don't miss this opportunity!
Investor Tools
$665,000
Estimated Property Value
$0Estimated Mortgage Balance
$502,643Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,071/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,527
$659,818
2025
$570,075
$89,743
$659,818
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,527
$659,818
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$665,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
3.1%
