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$1,184,000

NAL Estimated Property Value

1136 Merrill St, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,559 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$583.71 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size8,520 sqft

Building Information

Year Built1935
Stories1
Garage Spaces8

Land Information

APN0620590000009
Lot Number9
SubdivisionNorhill
Land UseResidential
Legal DescriptionLT 9 BLK 8 NORHILL
Census Tract510302
Assessed Land Value$849,870
Assessed Improvement Value$334,130
Assessment Year2025

About this property

A Darling Brick Bungalow on an OVER SIZE LOT! Plus a Bonus Garage For Car Buffs offering an additional 1416 Sq Ft. OH MY! In the Heart of the Heights. Walking distance from plenty of fun restaurants and local businesses. Great curb appeal, sweet front porch, French doors that open to the huge side yard. Kitchen is well thought out w/plenty of space, storage and natural light. Primary bedroom has an en suite bath with double sinks & a stunning glass shower. Room for a pool. Fully fenced driveways on Merrill and Studewood.

Investor Tools

Property Icon
$1,184,000
Estimated Property Value
$671,649Estimated Mortgage Balance
$512,351Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,104 /month
Positive
Cash Flow Estimate:
$2,368 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,388/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,731
$1,184,000
2025
$849,870
$334,130
$1,184,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,731
$1,184,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$726,000
No
First
May 12, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$671,649
$512,351
43%
57%
$4,353/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$4,353/mo
$-2,631/mo
1.7%

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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1136 Merrill St | Property Details | No Agent List