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Owner Contacts

$388,000

8518 Cedel Dr, Houston, TX, 77055

Sold

7/19/26

3 Beds

3 Bath

1,717 Sq Ft

Single Family Residence

$1.37 / sqft

Built in 1966

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringTile, Wood

Exterior

Lot Size7,009 sqft

Building Information

Year Built1966

Stories1

Garage Spaces2

Land Information

APN0850230000016

Lot Number16

SubdivisionMalabar Place

Land UseResidential

Legal DescriptionLT 16 BLK 1 MALABAR PLACE

Census Tract520601

Assessed Land Value$77,055

Assessed Improvement Value$168,286

Assessment Year2025

About this property

Welcome to 8518 Cedel Dr! Stunning fully renovated and modernized home quietly nestled in the heart of Spring Branch. This beautiful one story home features 3 bedrooms and 3 full bathrooms with 1717 sq ft of roomy living space. Fantastic open floor plan offers modern finishes throughout such as flooring and a custom dimensional accent wall. Spacious luxury kitchen is equipped with all stainless steel appliances, a large island with all quartz countertops, soft closing cabinets and drawers and large custom pantry. Entertain loved ones in style on the large backyard patio.. Washer and dryer to be provided. Enjoy all this developing and culturally diverse neighborhood has to offer including easy access to Downtown, Galleria, Energy Corridor, Memorial City/City Centre and Memorial Park. Do not wait, schedule a private tour today!

Investor Tools

$388,000

Estimated Property Value

$210,000Estimated Mortgage Balance

$191,616Estimated Equity

46% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,328 /month

Positive

Cash Flow Estimate:

$776 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$485/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,878

$245,341

2025

$77,055

$168,286

$245,341

Tax History

Year

Tax Paid

Assessed Value

2024

$3,878

$245,341

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Everett Financial Inc

Conventional

$210,000

First

Jan 20, 2023

Feb 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$196,384

$191,616

49%

51%

$1,260/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,260/mo

+$462/mo

5.3%

Learn About the Market: Opportunity in Houston

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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.

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