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$2,400

$389,000

8526 Cedel Dr, Houston, TX, 77055

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,554 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.54 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size7,009 sqft

Building Information

Year Built1966
Stories1
Garage Spaces2

Land Information

APN0850230000018
Lot Number18
SubdivisionMalabar Place
Land UseResidential
Legal DescriptionLT 18 BLK 1 MALABAR PLACE
Census Tract520601
Assessed Land Value$77,055
Assessed Improvement Value$250,945
Assessment Year2025

About this property

Beautifully updated and meticulously maintained, this Spring Branch home blends modern style with everyday comfort. Sun-filled living spaces feature rich flooring and flow into a granite kitchen with stainless steel appliances, sleek tile backsplash, and 42” espresso cabinetry. The expansive backyard offers exceptional versatility—ideal for potential rental income or creating a private office, gym, or guest space. It also delivers turnkey outdoor enjoyment with dedicated areas for grilling and dining, an already-mounted TV for game nights, ambient string lighting, and a brand-new putting green perfect for fun with friends. Just two blocks away, enjoy Schwartz Park with its walking track, playground, and access to the expanding Hike & Bike Trail system that will eventually stretch 22 miles from Downtown to the Energy Corridor. Minutes from Memorial City Mall, CityCentre, and Terry Hershey Park, with quick access to major thoroughfares for an easy commute.

Investor Tools

$142,159Estimated Mortgage Balance
$223,431Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

Interested in this property?

Keri Josephson

Keller Williams Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,334
$328,000
2025
$77,055
$250,945
$328,000
No

Tax History

Year
Tax Paid
Assessed Value
2020
$1,334
$328,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens Bank Na
Conventional
$161,000
No
First
Jul 16, 2020
Sep 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,159
$242,841
63%
39%
$966/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$966/mo
+$756/mo
5.7%

City: Houston

8526 Cedel Dr | Property Details | No Agent List