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$453,000

18346 Cape Bahamas Ln, Houston, TX, 77058

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,966 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.69 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size10,337 sqft

Building Information

Year Built1964
Garage Spaces2

Land Information

APN0965900000024
Lot Number24
SubdivisionNassau Bay
Land UseResidential
Legal DescriptionLT 24 BLK 1 NASSAU BAY SEC 3
Census Tract341203
Assessed Land Value$73,049
Assessed Improvement Value$265,375
Assessment Year2025

About this property

Beautiful cottage charm located in the highly preferred Nassau Bay community. Located on a large corner lot offering mature landscaping and a picturesque front elevation. The home's offerings include a beautiful mix of updates and charm throughout. A lovely formal living room with diamond leaded glass windows leads way to a private dinging room. The family room feels warm & inviting with built-ins, gas fireplace and so much natural lighting. The kitchen is equipped with plentiful counter space, cabinetry and views outdoors. The laundry room and half bath are tucked just around the corner. The primary suite feels enormous with sitting area, back patio access, private study or nursery, ensuite bath with soaker tub, walk-in rain head shower, dual sinks and an additional vanity for guests. Upstairs, all three bedrooms are grand in size and share a large secondary bathroom with dual sinks. Outdoors, you'll relax in a serene and calm atmosphere with large trees and established landscaping.

Investor Tools

Property Icon
$453,000
Estimated Property Value
$376,000Estimated Mortgage Balance
$83,621Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
$160/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,324
$338,424
2025
$73,049
$265,375
$338,424
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,324
$338,424

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brian A Pruett
Purchase Money Mortgage
$376,000
No
First
May 9, 2025
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,379
$76,621
17%
82%
$2,255/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$2,415/mo
+$85/mo
6.6%

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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