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Owner Contacts

$658,112

NAL Estimated Property Value

2318 Blue Water Ln, Houston, TX, 77018

Off Market

3 Beds

2 Bath

2,107 Sq Ft

Single Family Residence

$236.83 / sqft

Built in 1964

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Oven

FlooringTile, Vinyl

Exterior

Lot Size8,329 sqft

Building Information

Year Built1964

Stories1

Garage Spaces2

Land Information

APN0950790000014

Lot Number14

SubdivisionCandlelight Woods

Land UseResidential

Legal DescriptionLT 14 BLK 2 CANDLELIGHT WOODS

Census Tract531600

Assessed Land Value$274,890

Assessed Improvement Value$383,222

Assessment Year2025

About this property

Ready for you to just move in! Elegant yet comfortable. Remodeled with love and attention to detail. If entertaining is your thing, you'll love the openess of this floorplan. Move easily from the kitchen into the dining, living and front/back patios. Soaring, beamed ceilings with skylights for lots of natural light. Lifetime vinyl plank flooring throughout - no carpet. Kitchen with white shaker cabinets, quartz counters, subway tile backsplash, stainless appliances. Living features gas log fireplace and wet bar. Both bathrooms updated with shaker cabinets and granite counters. Fresh white exterior paint with black accents and roof completed in 2021. HVAC 2017. Horizontal plumbing pipes replaced 2020. Quick access to White Oak Bike and Hike Trails. You'll enjoy all the trendy restaurants and bars nearby in this popular Oak Forest/Garden Oaks area.

Investor Tools

$658,112

Estimated Property Value

$313,601Estimated Mortgage Balance

$344,511Estimated Equity

52% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,949 /month

Positive

Cash Flow Estimate:

$1,316 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$943/month

$72/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,022

$658,112

2025

$274,890

$383,222

$658,112

Tax History

Year

Tax Paid

Assessed Value

2024

$8,022

$658,112

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Crosscountry Mortgage Llc

Conventional

$337,750

First

Jul 29, 2022

Aug 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$313,601

$344,511

52%

48%

$2,025/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,097/mo

$-375/mo

3.1%

Learn About the Market: Opportunity in Houston

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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.

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