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$217,000

NAL Estimated Property Value

1818 Merton Dr, Houston, TX, 77015

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,435 Sq Ft
price_per_sqft$132.33 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Laminate

Exterior

Lot Size6,251 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN1138330000004
Lot Number4
SubdivisionSterling Green
Land UseResidential
Legal DescriptionLT 4 BLK 2 STERLING GREEN SEC 7
Census Tract252304
Assessed Land Value$40,973
Assessed Improvement Value$147,419
Assessment Year2025

About this property

Great home for a first time home buyer, close to shopping centers, schools and major highways, this three bedroom two bath home offers a great open space and beautiful backyard to entertain.

Investor Tools

Property Icon
$217,000
Estimated Property Value
$138,785Estimated Mortgage Balance
$78,215Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,302 /month
Positive
Cash Flow Estimate:
$434 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
$280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,664
$188,392
2025
$40,973
$147,419
$188,392
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,664
$188,392

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Panorama Mortgage Group Llc
Conventional
$151,125
No
First
Jan 25, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,785
$87,215
38%
64%
$907/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,187/mo
+$535/mo
9.5%

City: Houston

1818 Merton Dr | Property Details | No Agent List