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$744,500

NAL Estimated Property Value

2315 Blue Water Ln, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,098 Sq Ft
price_per_sqft$371.78 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size8,446 sqft

Building Information

Year Built1964
Stories1
Garage Spaces2

Land Information

APN0950800000023
Lot Number23
SubdivisionCandlelight Woods
Land UseResidential
Legal DescriptionLT 23 BLK 3 CANDLELIGHT WOODS
Census Tract531600
Assessed Land Value$276,854
Assessed Improvement Value$467,646
Assessment Year2025

About this property

Charming, fully updated three-bedroom two-bath home w/ an amazing almost-new pool. Updated flooring throughout. Recently installed HVAC condesner. New Modern bathrooms w/ blue calcite countertops, a modern clawfoot tub (guest bath). Primary suite includes a stunning shower with glass door, huge primary closet, and views of the pool. Gorgeous counters in the kitchen, plus updated vent hood, & all updated Kitchenaide appliances. French doors in the living room creating flow from the interior living area to the patio/pool. Pool features remote control for heat, spa, & lighting. Tanning shelf, gas fire pit, and a covered rear porch. Finished garage with sheetrock and insulation creating work/work out space. Mosquito repellant system! Formal living and dining in the front that is currently being used as an office, and a very large living/flex area to the rear of the home that opens to the kitchen. Updated sewer lines. New reverse osmosis water filter system and new Rachio irrigation system.

Investor Tools

Property Icon
$744,500
Estimated Property Value
$714,370Estimated Mortgage Balance
$30,130Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,680 /month
Positive
Cash Flow Estimate:
$1,560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,031/month
$55/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,646
$744,500
2025
$276,854
$467,646
$744,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,646
$744,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$741,000
No
First
May 10, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$714,370
$30,130
4%
96%
$4,443/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,498/mo
$-2,776/mo
2.8%

City: Houston

2315 Blue Water Ln | Property Details | No Agent List