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B+
NoAgentList RatingHow are grades calculated? Info
Days232Days on Market
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$600,000

22872 Mersey Ct, Porter, TX, 77365

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.43 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size1.79 acres

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APN8349-02-10600
Lot Number32
SubdivisionRiverwalk 02
Land UseResidential
Legal DescriptionRIVERWALK 02, BLOCK 6, LOT 32
Census Tract692301
Assessed Land Value$179,000
Assessed Improvement Value$423,987
Assessment Year2025

About this property

This one-of-a-kind, custom-built home with a detached garage and large outbuilding sits on 1.79 gorgeous acres. Adorned with 10+ types of fruit trees, oaks (including Red Oak), pines, etc, there is also a 14' natural spring water pond stocked with bass, channel cat, and Brim. Store your belongings in the 16x28 shed, chickens in the coup, and your RV, boat, or extra vehicle on the slab to the side of the house, complete with 220 outlet! Deer come to visit as you fish or just enjoy the outdoor patio. Updates include a Nest thermostat, 2 new water heaters, newer upstairs furnace, newer downstairs AC system, new commodes, and a new roof in 2019. With 2 bedrooms down, the primary bath has 2 sinks, large walk-in shower, and 2 closets. 2 beds and 2 baths upstairs, along with a flex room to be used for your specific needs. You need to see and walk this property to truly appreciate it. This quiet cul-de-sac in Riverwalk is a great place to relax and unwind - don't miss out on this opportunity!

Investor Tools

Property Icon
$643,000
Estimated Property Value
$182,400Estimated Mortgage Balance
$448,800Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,858 /month
Positive
Cash Flow Estimate:
$1,286 /month

Interested in this property?

Melessa Waterwall

Worth Clark Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$773/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,056
$560,073
2025
$179,000
$423,987
$602,987
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,056
$560,073

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commonwealth United Mortgage Co
Unknown
$182,400
No
First
Dec 23, 2004
Jan 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,200
$448,800
69%
30%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Porter

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