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$272,000

NAL Estimated Property Value

13218 Mersmann Ct, Houston, TX, 77014

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,894 Sq Ft
price_per_sqft$145.2 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

Exterior

Lot Size6,943 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1236230020018
Lot Number18
SubdivisionSilverglen North
Land UseResidential
Legal DescriptionLT 18 BLK 2 SILVERGLEN NORTH SEC 2
Census Tract550407
Assessed Land Value$45,189
Assessed Improvement Value$207,817
Assessment Year2025

About this property

Welcome home to this MOVE IN READY property! 13218 Mersmann is a single story home that has been very well maintained. Highlights include: new ROOF in 2023, Complete NEW AC SYSTEM in 2024, NEW FENCE and WATER HEATER in 2025, KITCHEN updated in 2025, REFRIGERATOR INCLUDED, and more! Like the furniture, it can be negotiated! When you enter this property you can tell it has been kept neat and clean and regularly maintained. The back covered patio is a great spot to relax in, and the extensive side yard makes this one of the bigger lots in the neighborhood. The split floor plan offers plenty of privacy for the owners, and the raised ceilings in the living spaces really give a spacious feeling to the interior.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$215,377Estimated Mortgage Balance
$56,623Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
$580/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$371
$253,006
2025
$45,189
$207,817
$253,006
No

Tax History

Year
Tax Paid
Assessed Value
2024
$371
$253,006

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage One Group
Unknown
$216,000
No
First
Mar 20, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,377
$56,623
20%
79%
$1,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,876/mo
$-154/mo
7.6%

City: Houston

13218 Mersmann Ct | Property Details | No Agent List