Street View

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Owner Contacts

$4,876,000

NAL Estimated Property Value

6340 Mercer St, Houston, TX, 77005

Off Market

5 Beds

5 Bath

5,456 Sq Ft

Single Family Residence

$581.93 / sqft

Built in 2013

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5

Bathrooms Full 5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator

FlooringMarble, Tile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony, Outdoor Kitchen

Lot Size13,003 sqft

Building Information

Year Built2013

Stories2

Garage Spaces2

Land Information

APN0393160000030

SubdivisionWest University Place

Land UseResidential

Legal DescriptionTRS 3B & 12B BLK 25 WEST UNIVERSITY PLACE SEC 1

Census Tract412400

Assessed Land Value$1,885,000

Assessed Improvement Value$1,732,567

Assessment Year2025

About this property

This stunning home is perched on an exclusive 13,000 SF lot in WU w/a huge turfed backyard, custom pool + pergola w/grand summer kitchen. The perfect "quarantine at home" home! The formal entry is flanked by the study & Formal LV. Just beyond the grand staircase, is the spacious & beautiful formal DN which has a fab bar area tucked away beneath the circular staircase, w/hidden door to storage (or potential wine room!). The large kitchen boasts a magnificent marble island w/Brookhaven cabinetry, Miele German appliances + double dishwashers & La Forge French hardware. Open to the family room, the wall of windows across the back truly brings in this amazing backyard space. Hardwoods throughout, 11' ceilings, 4 or 5 bedrooms with 4 full & 1 half baths. Enjoy the huge master suite w/spa-like master bath + 2 huge walk-in closets. The balcony off the master bedroom overlooks your private oasis & includes a spiral staircase for easy access to the pool & hot tub! All Info Per Seller.

Investor Tools

$4,876,000

Estimated Property Value

$0Estimated Mortgage Balance

$4,876,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$29,256 /month

Positive

Cash Flow Estimate:

$9,752 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$5,834/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$45,630

$3,617,567

2025

$1,885,000

$1,732,567

$3,617,567

Tax History

Year

Tax Paid

Assessed Value

2024

$45,630

$3,617,567

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$4,844,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

N/A

+$3,340/mo

0.8%

Learn About the Market: Opportunity in Houston

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