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Owner Contacts

$640,000

NAL Estimated Property Value

1863 Bethlehem St, Houston, TX, 77018

Off Market

3 Beds

2 Bath

2,114 Sq Ft

$295.65 / sqft

Built in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher

FlooringTile, Wood

Exterior

Lot Size7,802 sqft

Building Information

Year Built1962

Stories1

Garage Spaces2

Land Information

APN0931160000007

SubdivisionCandlelight Estates

Land UseResidential

Legal DescriptionTRS 7A & 8A BLK 5 CANDLELIGHT ESTATES SEC 1

Census Tract531600

Assessed Land Value$343,688

Assessed Improvement Value$296,312

Assessment Year2025

About this property

This charming home is nestled among mature oak trees in a great neighborhood & has many recent updates. Fully renovated 2019 kitchen features all new appliances, sleek cabinets, elegant countertops & stylish backsplash, H2O filter, 240V outlet for induction range & under-counter & recessed lights. New outlets & recessed lights have been added to the living room. Since 2019, the sellers have replaced the backyard fence, plumbing supply lines w/durable PEX-A piping & added yard drains on the E & W sides of the house, integrating them into the existing drainage system. The attic has been enhanced with additional soffit vents for ventilation & new blown-in fiberglass insulation. All duct work has been replaced & a whole-home media filter added. The previous owner installed double paned windows and replaced the main sewer drain line to the city. ELECTRICITY IS BACK!

Investor Tools

$640,000

Estimated Property Value

$557,089Estimated Mortgage Balance

$82,911Estimated Equity

15% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,840 /month

Positive

Cash Flow Estimate:

$1,280 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,134/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,402

$640,000

2025

$343,688

$296,312

$640,000

Tax History

Year

Tax Paid

Assessed Value

2024

$10,402

$640,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Top One Mortgage

Conventional

$576,000

First

Jul 30, 2024

Aug 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$557,089

$98,911

15%

87%

$3,454/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$3,454/mo

$-1,732/mo

3.2%

Learn About the Market: Opportunity in Houston

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