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$2,495

2006 Mermaid Lane, Houston, TX, 77062

On MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths1,894 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.32 / sqft
Year BuiltBuilt in 1964

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Lot Size12,140 sqft

Building Information

Year Built1964
Stories1
Garage Spaces2

Land Information

APN0964650000202
Lot Number202
SubdivisionClear Lake City
Land UseResidential
Legal DescriptionLT 202 BLK 21 CLEAR LAKE CITY SEC 3
Census Tract340501
Assessed Land Value$69,323
Assessed Improvement Value$204,013
Assessment Year2025

About this property

This charming 4 bed 2 bath home sits on a quarter acre lot, boasting tile flooring, granite countertops, and Venetian plaster. The spacious kitchen, well-maintained yard, and versatile extra room make this property truly special. Please note that the shed in the backyard is not for tenant use. Don't miss out on the opportunity to make this beautiful house your new home! Contact me for more details.

Interested in this property?

Carol Venegas

Landlords of Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,800
$273,336
2025
$69,323
$204,013
$273,336
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,800
$273,336

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Conventional
$192,500
No
First
Jul 16, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,685
$99,315
34%
66%
$1,155/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,155/mo
+$1,071/mo
9.2%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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2006 Mermaid Lane | Property Details | No Agent List