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$194,491

542 W Mierianne St, Houston, TX, 77037

$228,439 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,756 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$56.38 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,601 sqft

Building Information

Year Built1962
Stories1
Garage Spaces2

Land Information

APN0844900000022
Lot Number22
SubdivisionNorth Shepherd Manor
Land UseResidential
Legal DescriptionLT 22 BLK 5 NORTH SHEPHERD MANOR SEC 2
Census Tract221602
Assessed Land Value$25,817
Assessed Improvement Value$168,674
Assessment Year2025

About this property

Exceptional opportunity for buyers seeking a true value-add project. This property requires a complete renovation and is being sold strictly as-is, offering a blank canvas for investors, builders, or owner occupants using renovation sources. With the right vision, this home can be fully transformed and customized to today’s standards. Seller will make no repairs and provides no disclosures or warranties. Property is in poor condition; buyers are strongly encouraged to bring a flashlight when viewing. Cash or renovation are strongly recommended. Ideal for those looking to create equity through an extensive remodel.

Investor Tools

Property Icon
$194,491
Estimated Property Value
$0Estimated Mortgage Balance
$194,491Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$228,438
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,167 /month
Positive
Cash Flow Estimate:
$389 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,752
$194,491
2025
$25,817
$168,674
$194,491
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,752
$194,491

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$194,491
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
13.7%

Learn About the Market: Opportunity in Houston

Local Market Pages
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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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542 W Mierianne St | Property Details | No Agent List