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A+
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$223,000

9418 Caddo Rd, Houston, TX, 77078

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,587 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$50.41 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling

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

Property Icon
$223,000
Estimated Property Value
$227,797Estimated Mortgage Balance
$0Estimated 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

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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%

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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9418 Caddo Rd | Property Details | No Agent List