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$219,000

NAL Estimated Property Value

4115 Merrimac St, Houston, TX, 77093

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,208 Sq Ft
price_per_sqft$148.92 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Free-Standing Range, Refrigerator
FlooringTile

Exterior

Lot Size7,701 sqft

Building Information

Year Built1968
Stories1
Garage Spaces1

Land Information

APN0984140000914
Lot Number914
SubdivisionOakwilde
Land UseResidential
Legal DescriptionLT 914 BLK 45 OAKWILDE SEC 4
Census Tract222200
Assessed Land Value$36,250
Assessed Improvement Value$170,760
Assessment Year2025

About this property

Perfect house with a new look and nice curve appeal! 3 bedrooms and 1.1 baths ! 4115 Merrimc St. offer many upgrades including new flooring, interior paint and much more. This home as been nicely remodeled with a tasteful mixture of contemporary and traditional aspiration. Conveniently close to 59 North freeway and only minutes away from Downtown Houston, Minute maid Park and Medical Center! Schedule your private showing today!

Investor Tools

Property Icon
$219,000
Estimated Property Value
$127,361Estimated Mortgage Balance
$91,639Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,314 /month
Positive
Cash Flow Estimate:
$438 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,050
$207,010
2025
$36,250
$170,760
$207,010
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,050
$207,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Arturo Barona
Seller Carryback / Seller Financing / Seller Take-Back
$140,000
No
First
Aug 27, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,361
$89,639
41%
58%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$840/mo
+$882/mo
9.4%

City: Houston

4115 Merrimac St | Property Details | No Agent List