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$579,000

NAL Estimated Property Value

4505 Merrie Ln, Bellaire, TX, 77401

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,386 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.66 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Oven
FlooringTile

Exterior

Lot Size8,102 sqft

Building Information

Year Built1940
Stories1
Garage Spaces1

Land Information

APN0740690000018
Lot Number18
SubdivisionMerrie Lane Place
Land UseResidential
Legal DescriptionLT 18 MERRIE LANE PLACE
Census Tract412700
Assessed Land Value$496,000
Assessed Improvement Value$83,000
Assessment Year2025

About this property

Beautifully updated home in the heart of Bellaire. Home boasts Stainless steel appliances, stone tile countertops in the kitchen, recent porcelain tile floors, recent interior designer paint, crown molding, brick fireplace surround with built-in shelves and cabinets. Large sun room overlooks the private backyard. Primary Bath has large soaking tub and large walk-in closet. Private backyard has a covered patio and is fully fenced. Refrigerator, Washer and Dryer stay with the home. Walking distance to the Bellaire walking trail, nature discovery center, and Evelyn's park. Minutes away from the Texas medical center, downtown, and the Galleria. Zoned to prestigious Horn Elementary and Bellaire High School.

Investor Tools

Property Icon
$579,000
Estimated Property Value
$0Estimated Mortgage Balance
$579,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,474 /month
Positive
Cash Flow Estimate:
$1,158 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,163/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,056
$579,000
2025
$496,000
$83,000
$579,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,056
$579,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$713,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
5.3%

City: Bellaire

4505 Merrie Ln | Property Details | No Agent List