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$599,000

2401 Merriman Street, Port Neches, TX, 77651

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,759 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.35 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size22,168 sqft

Building Information

Year Built1998
Stories1
Garage Spaces4

Land Information

APN049402-000-023200-00000
Lot Number8
SubdivisionPalco - P.N.
Land UseResidential
Legal DescriptionLT 8 TR 6 BLK 12 RG E PALCO
Census Tract010902
Assessed Land Value$123,482
Assessed Improvement Value$434,195
Assessment Year2025

About this property

Luxurious and newly updated 3 bed 2.5 bath home in Port Neches. Situated on a corner lot this magnificient home sits on a half acre of property in the heart of Port Neches. This home was updated by a professional interior designer in 2023 and no expense was spared! New flooring and paint throughout! Breathtaking visual points await you in the living room as you take in the marble fireplace centerpiece and the high ceilings with suspended circular lights. The kitchen and dining area features new cabinets and high end finishings/appliances. The master bedroom creates a cozy ambiance as soon as you walk in. The master bath wetroom is what shower and bathtub dreams are made of! Upstairs you will find a game room, 2 more bedrooms, and another full bath. Venture outside and enjoy the outdoor kitchen and patio area complete with a bar, TV, multiple seating areas, and a firepit under the gazebo. Exterior landscaping re-done in 2024. New exterior Paint in 2024.

Investor Tools

$361,703Estimated Mortgage Balance
$231,297Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

Interested in this property?

Colby Walters

Swedes Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,021/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,285
$553,584
2025
$123,482
$434,195
$557,677
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,285
$553,584

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fivepoint Cu
Conventional
$384,750
No
First
Mar 17, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,703
$231,297
39%
61%
$2,307/mo

City: Port Neches

2401 Merriman Street | Property Details | No Agent List