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$1,110,000

NAL Estimated Property Value

625 Merrill St, Houston, TX, 77009

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,676 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$297.83 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,375 sqft

Building Information

Year Built1920
Stories2
Garage Spaces2

Land Information

APN0371050000014
Lot Number14
SubdivisionWillborg
Land UseResidential
Legal DescriptionLT 14 & TR 15A WILLBORG
Census Tract510302
Assessed Land Value$737,500
Assessed Improvement Value$162,500
Assessment Year2025

About this property

We have received multiple offers. Please submit your highest and best offer by Sunday January 26, 2025 by 5pm central time.

Investor Tools

Property Icon
$1,110,000
Estimated Property Value
$56,460Estimated Mortgage Balance
$1,053,540Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,660 /month
Positive
Cash Flow Estimate:
$2,220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,645
$900,000
2025
$737,500
$162,500
$900,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,645
$900,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Home Mortgage Inc
Unknown
$160,000
No
First
Jun 4, 2003
Jul 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,460
$1,107,540
95%
5%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
2.4%

City: Houston

625 Merrill St | Property Details | No Agent List