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$303,574

NAL Estimated Property Value

8721 Caddo Rd, Houston, TX, 77078

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,969 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.38 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size5,998 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN0790790070001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 SMILEY PLACE 2ND PAR R/P
Census Tract231300
Assessed Land Value$50,193
Assessed Improvement Value$253,381
Assessment Year2025

About this property

WOW!! Look at this Beautiful New construction home with 3 bedrooms and 2 bathrooms with an extra room for an office, featuring a spacious open floor plan. Kitchen has modern cabinetry, censored faucet, granite countertops with an XL island. Porcelain flooring though out the house, It is open to the living room which is perfect for entertaining and hosting. This beauty offers spacious bedrooms and a main Bedroom with a master bath that is breathtaking. Main Bath offers double sinks , vanity and rain shower with double Jets. Come enjoy your days in this back door Patio, plumbing ready for a sink and future Gas Grill, Don't miss out, Make your appointment today!!!

Investor Tools

Property Icon
$303,574
Estimated Property Value
$230,099Estimated Mortgage Balance
$73,475Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,821 /month
Positive
Cash Flow Estimate:
$607 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$428/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,622
$303,574
2025
$50,193
$253,381
$303,574
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,622
$303,574

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Fha
$234,671
Yes
First
Jun 21, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,099
$73,475
24%
76%
$1,515/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,515/mo
+$711/mo
8.8%

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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8721 Caddo Rd | Property Details | No Agent List