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$1,899,000

1847 Candlelight Place Dr, Houston, TX, 77018

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths4,675 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$406.2 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Double Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBack Green Space, Sprinkler System
Lot Size7,301 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1332450000015
Lot Number15
SubdivisionCandlelight Place
Land UseResidential
Legal DescriptionLT 15 CANDLELIGHT PLACE SEC 4
Census Tract531600
Assessed Land Value$399,783
Assessed Improvement Value$1,040,332
Assessment Year2025

About this property

Built in 2016 and freshly painted, this residence offers 4,675 SF of beautifully designed living space, 4–5 bedrooms, 4 full baths, a 3-car garage, pristine pool, and full-house generator. Double front doors open to a dramatic foyer with basket-weave wood flooring accent. A private study with French doors sits adjacent to a full downstairs bath, offering flexibility as a fifth bedroom or guest suite. The heart of the home is an impressive kitchen featuring the largest island in the neighborhood, custom cabinetry, and exceptional space for gathering and entertaining.Open living areas with 12-foot ceilings create a light, airy feel, while the dining room makes a statement with its distinctive stone-accent ceiling.The spacious primary suite is located downstairs for added privacy and convenience. Gorgeous pool and exceptionally private backyard bordered by a brick wall with open land beyond, creating a rare sense of privacy within the city.This Candlelight Place home truly stands apart.

Investor Tools

$563,912Estimated Mortgage Balance
$876,203Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,394 /month
Positive
Cash Flow Estimate:
$3,798 /month

Interested in this property?

Colette Franz

Compass RE Texas, LLC - Memorial

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,300/month
$749/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,402
$1,440,115
2025
$399,783
$1,040,332
$1,440,115
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,402
$1,440,115

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$721,692
No
First
May 12, 2016
Jun 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$563,912
$876,203
60%
39%
$4,327/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$5,076/mo
$-2,850/mo
1.9%

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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1847 Candlelight Place Dr | Property Details | No Agent List