$1,184,000
NAL Estimated Property Value1136 Merrill St, Houston, TX, 77009
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
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
$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
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%
