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$868,000

NAL Estimated Property Value

5031 Candletree Dr, Houston, TX, 77018

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.53 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size8,163 sqft

Building Information

Year Built1967

Land Information

APN0973520000003
Lot Number3
SubdivisionCandlelight Plaza
Land UseResidential
Legal DescriptionLT 3 BLK 2 CANDLELIGHT PLAZA SEC 1
Census Tract530900
Assessed Land Value$324,300
Assessed Improvement Value$337,540
Assessment Year2025

About this property

This home needs a total remodel of interior/exterior throughout. If You Have Been Looking For A Fantastic Neighborhood Close to Everything, Look No Further. Wood Beams In The Large Family Room With Gaslog Fireplace. Primary Bedroom Is On The First Floor With En Suite Bathroom. All Bedrooms Are Large + Study. Children's/Guest Bedrooms On The 2nd Floor Have Jack n Jill Bathroom. Sprinkler System. Needs Some Updated Finishes But Home Is Liveable While Your Family Completes This. Don't Miss This Great Opportunity!!!

Investor Tools

Property Icon
$868,000
Estimated Property Value
$624,141Estimated Mortgage Balance
$243,859Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,208 /month
Positive
Cash Flow Estimate:
$1,736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,133
$661,840
2025
$324,300
$337,540
$661,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,133
$661,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$628,700
No
First
Dec 20, 2025
Jan 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$624,141
$196,859
23%
72%
$3,770/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,820/mo
$-1,594/mo
3.1%

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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5031 Candletree Dr | Property Details | No Agent List