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$220,000

NAL Estimated Property Value

2122 Merle St, Pasadena, TX, 77502

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,552 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.86 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central

Exterior

Lot Size7,279 sqft

Building Information

Year Built1954
Stories1
Garage Spaces3

Land Information

APN0805460000247
Lot Number247
SubdivisionShaver Place
Land UseResidential
Legal DescriptionLT 247 BLK 17 SHAVER PLACE SEC 3
Census Tract323400
Assessed Land Value$70,593
Assessed Improvement Value$107,808
Assessment Year2025

About this property

This beautiful, move-in-ready four-bedroom, two-bathroom home is perfect for you! It has stunning hardwood flooring, a loving kitchen, and two bathrooms. This home is an excellent choice for a starter home. It offers easy access to everything Pasadena has to offer. Don't wait—schedule your showing today and make this house your dream home!

Investor Tools

Property Icon
$220,000
Estimated Property Value
$228,808Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$98/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$76
$178,401
2025
$70,593
$107,808
$178,401
No

Tax History

Year
Tax Paid
Assessed Value
2024
$76
$178,401

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$229,470
Yes
First
Mar 19, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,808
N/A
0%
104%
$1,376/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,376/mo
+$346/mo
9.4%

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: Pasadena

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2122 Merle St | Property Details | No Agent List