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$2,046,000

NAL Estimated Property Value

4638 Merwin St, Houston, TX, 77027

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,557 Sq Ft
price_per_sqft$471.8 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen, Sprinkler System
Lot Size8,912 sqft

Building Information

Year Built2022
Garage Spaces3

Land Information

APN0772460140017
Lot Number17
SubdivisionAfton Oaks
Land UseResidential
Legal DescriptionLT 17 BLK 14 AFTON OAKS SEC 3
Census Tract411600
Assessed Land Value$507,300
Assessed Improvement Value$1,428,348
Assessment Year2025

About this property

Custom built by Sherpa Builders, a boutique Houston builder who completes a handful of homes each year to preserve true craftsmanship. Built w/ 2x6 framing & a full foam insulation envelope for superior strength & freeze protection, & PEX plumbing. That craftsmanship shows, from shop built cabinetry w/ true dovetail joinery to wide plank wood floors & Hansgrohe fixtures, all beyond standard spec grade finishes. The 1st floor primary suite is a retreat w/ an ensuite featuring dual vanities w/ waterfall faucets, soaking tub, walk-in shower & custom closet. The main level offers a home office & an open concept kitchen/living/dining space anchored by Thermador appliances, quartz counters & a fireplace. Upstairs: 3 bedrooms, a game room & a flex bonus room. Outside, a covered patio w/ a summer kitchen & 3 car garage w/ epoxy floors. An EV charger, tankless water heater & smart security round out the modern conveniences. Minutes to 59, 610, The Galleria & Memorial Park in Afton Oaks.

Investor Tools

Property Icon
$2,046,000
Estimated Property Value
$1,203,171Estimated Mortgage Balance
$842,829Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,900 /month
Positive
Cash Flow Estimate:
$4,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,485/month
$1,090/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,588
$1,935,648
2025
$507,300
$1,428,348
$1,935,648
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,588
$1,935,648

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Draper & Kramer Mortgage Corp
Conventional
$1,250,000
No
First
Jul 20, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,203,171
$842,829
41%
59%
$7,697/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$8,787/mo
$-5,447/mo
2.0%

City: Houston

4638 Merwin St | Property Details | No Agent List