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$228,000

NAL Estimated Property Value

1308 Edward Drive, South Houston, TX, 77587

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths1,219 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.31 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Oven
FlooringTile, Wood

Exterior

Lot Size5,719 sqft

Building Information

Year Built1960
Stories1
Garage Spaces1

Land Information

APN0915360000005
Lot Number5
SubdivisionMerilyn Plaza
Land UseResidential
Legal DescriptionLT 5 BLK 4 MERILYN PLAZA SEC 2
Census Tract321500
Assessed Land Value$63,206
Assessed Improvement Value$161,878
Assessment Year2025

About this property

Make this newly remodeled 4 bedroom your home! Spacious home is located in a queit neighborhood close to everything! Kitchen features beautifly cherrywood cabinets, granite counter tops and opens to living area and large covered patio to extend useable living space! Nice tile floors in living, kitchen, and primary bedroom. Primary as new en-suite with large shower and new fixtures. The three additional bedrooms have lovely refinished hardwood floors. You don't see floors like this anymore! Large secondary bath has all new fixtures and tile. Big covered patio opens to a fenced backyard. This home is located close to I 45 and 225 for easy access to all of Houston. Make an appointment to see this home today. This one won't last long!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,203
$225,084
2025
$63,206
$161,878
$225,084
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,203
$225,084

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Conventional
$168,750
No
First
Apr 12, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,423
$65,577
28%
71%
$1,012/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,012/mo
+$710/mo
9.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: South Houston

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1308 Edward Drive | Property Details | No Agent List