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
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$279,447

NAL Estimated Property Value

1914 Mermaid Ln, Houston, TX, 77062

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,751 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.5 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size11,996 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN0964630000155
Lot Number155
SubdivisionClear Lake City
Land UseResidential
Legal DescriptionLT 155 BLK 19 CLEAR LAKE CITY SEC 3
Census Tract340501
Assessed Land Value$68,850
Assessed Improvement Value$210,597
Assessment Year2025

About this property

This wonderful Del Webb home sits on an over-sized cul-de-sac lot and has been wonderfully updated. The open plan features a kitchen open to living, dining and breakfast with replaced cabinets granite counter-tops and appliances. The master bath has been redone and has dual sinks and a custom vanity and shower. The flagestone patio is quite large and there is a gas grill. All pluming in the house is PEX Homerun system and the gas cooktop is located on the island which has plenty of room for stools all around. The sewer line was also replaced. The heat and AC were also replaced about 5 years ago. All this plus a wonderful location right in the heart of Clear Lake City with the elementary school just a few blocks away make it just the place for you and your family.

Investor Tools

Property Icon
$279,447
Estimated Property Value
$175,911Estimated Mortgage Balance
$103,536Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,677 /month
Positive
Cash Flow Estimate:
$559 /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
$327/month
$99/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,531
$279,447
2025
$68,850
$210,597
$279,447
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,531
$279,447

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$197,600
No
First
Sep 30, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,911
$103,536
37%
63%
$1,185/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,284/mo
+$438/mo
7.4%

City: Houston

1914 Mermaid Ln | Property Details | No Agent List