$223,000
NAL Estimated Property Value9418 Caddo Rd, Houston, TX, 77078
Off Market
Property Lead Type:
Off-Market ListDeal ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size7,183 sqft
Building Information
Year Built1993
Stories2
Land Information
APN0771790040064
Lot Number64
SubdivisionKentshire Place
Land UseResidential
Legal DescriptionLT 64 BLK 4 KENTSHIRE PLACE SEC 1
Census Tract231200
Assessed Land Value$50,180
Assessed Improvement Value$143,638
Assessment Year2025
About this property
This property is partially complete. Great opportunity for an investor to finish out the build. NO survey available, buyer to purchase if needed. SOLD AS IS. Call agent for any questions. Seller has the empty lot next door available for sale MLS #45488190 Proof of funds will be required with offers. NO WHOLESALERS. Property is priced accordingly. No low ball offers. Must have an appointment to show. Do not trespass on neighbors property. MULTIPLE OFFERS. decision will be made June 15, 2021 after 5:30pm.
Investor Tools
$223,000
Estimated Property Value
$223,529Estimated Mortgage Balance
$223,000Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,898
$193,818
2025
$50,180
$143,638
$193,818
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,898
$193,818
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Fha
$227,797
Yes
First
Aug 29, 2022
Sep 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,529
$6,471
2%
100%
$1,437/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,437/mo
+$285/mo
9.3%
