Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
A
NoAgentList RatingHow are grades calculated? Info

$169,000

1162 Merritt St, River Oaks, TX, 76114

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths905 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.74 / sqft
Year BuiltBuilt in 1943

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesGas Range
FlooringHardwood, Laminate

Exterior

Lot Size8,834 sqft

Building Information

Year Built1943
Stories1

Land Information

APN34510-2-38
Lot Number38
SubdivisionRiver Oaks Addition (River Oak
Land UseResidential
Legal DescriptionRIVER OAKS ADDITION (RIVER OAK BLOCK 2 LOT 38
Census Tract110500
Assessed Land Value$53,028
Assessed Improvement Value$118,327
Assessment Year2025

About this property

Welcome to this charming 905 sq ft home, built in 1943, nestled in the desirable River Oaks neighborhood, close to Castleberry Elementary School. This home offers a unique opportunity for those looking to restore and personalize a vintage gem. While the property is in need of some repairs and updates, it boasts classic character and a prime location just steps from schools, parks, and local amenities. The home features a cozy layout with 2 bedrooms, 1 bathroom, and a spacious living area that can be transformed into the perfect space for modern living. With a little TLC, this home has the potential to become a true standout in this sought-after area. Please note, this property is listed for **cash buyers only**, as it requires some work to bring it back to its full potential. Whether you're an investor or a homeowner looking for a project, this is an incredible opportunity to own a piece of River Oaks history. Schedule a showing today and imagine the possibilities! Do not change title company. The information provided is not guaranteed and should be independently verified. The buyer or the buyer's agent to verify measurements, schools, and property tax. Buyer and agent to confirm schools

Investor Tools

Property Icon
$171,355
Estimated Property Value
$0Estimated Mortgage Balance
$171,355Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,028 /month
Positive
Cash Flow Estimate:
$343 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,167
$171,355
2025
$53,028
$118,327
$171,355
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,167
$171,355

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$171,355
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
13.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: River Oaks

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...