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$293,802

NAL Estimated Property Value

8605 Caddo Rd, Houston, TX, 77078

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,995 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.36 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size7,200 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN0790790010016
Lot Number16
SubdivisionSmiley Place
Land UseResidential
Legal DescriptionLT 16 BLK 1 SMILEY PLACE
Census Tract231300
Assessed Land Value$50,193
Assessed Improvement Value$243,609
Assessment Year2025

About this property

Discover your dream home in this newly built property featuring 4 bedrooms and 2 baths. The spacious layout welcomes you with a modern kitchen boasting granite countertops. The primary bedroom offer a huge walk-in closets for added convenience. Outside, a large backyard provides the perfect setting for entertaining loved ones. Don't miss out on this opportunity - schedule a tour today!

Investor Tools

Property Icon
$293,802
Estimated Property Value
$290,632Estimated Mortgage Balance
$3,170Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,763 /month
Positive
Cash Flow Estimate:
$588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,240
$293,802
2025
$50,193
$243,609
$293,802
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,240
$293,802

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$284,648
Yes
First
Nov 14, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,632
$3,170
1%
99%
$1,759/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,759/mo
+$467/mo
9.1%

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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8605 Caddo Rd | Property Details | No Agent List