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$371,155

NAL Estimated Property Value

12506 Merit Way Court, Houston, TX, 77065

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,385 Sq Ft
price_per_sqft$142.56 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,359 sqft

Building Information

Year Built1993
Garage Spaces2

Land Information

APN1173680020021
Lot Number21
SubdivisionCrossroads Park
Land UseResidential
Legal DescriptionLT 21 BLK 2 CROSSROADS PARK SEC 1 AMENDED
Census Tract552002
Assessed Land Value$66,725
Assessed Improvement Value$304,430
Assessment Year2025

About this property

This one of a kind home sits in the perfect location of the Cul-de sac.The home is adjacent to the neighborhood jogging trail, and the community pool and park within steps of the back yard. Fresh paint throughout the home, laminate flooring in the living areas, granite counter tops in the kitchen and bathrooms. The home comes with Stainless Steel GE appliance package, including wine fridge!! Covered patio ready for entertaining and backyard cookouts. Extremely easy access to 290, Highway 6, and Beltway 8.

Investor Tools

Property Icon
$371,155
Estimated Property Value
$260,005Estimated Mortgage Balance
$111,150Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,227 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
$640/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,657
$371,155
2025
$66,725
$304,430
$371,155
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,657
$371,155

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$267,132
No
First
Nov 4, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,005
$111,150
29%
70%
$1,602/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$2,242/mo
$-302/mo
6.3%

City: Houston