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$1,791,784

NAL Estimated Property Value

6358 Mercer St, Houston, TX, 77005

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,280 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$457.01 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringBrick, Carpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size7,501 sqft

Building Information

Year Built1984
Stories2
Garage Spaces2

Land Information

APN0393160000028
SubdivisionWest University Place
Land UseResidential
Legal DescriptionTRS 1B & 14D BLK 25 WEST UNIVERSITY PLACE SEC 1
Census Tract412400
Assessed Land Value$1,087,500
Assessed Improvement Value$704,284
Assessment Year2025

About this property

Classic brick 4 bedroom 3.5 bath home in West University, comfortably elegant + location intersects on this coveted 7500 square foot corner lot. This home exudes warmth upon entry, with a large light filled living space with fireplace & well-equipped wet bar, inviting dining room perfectly located, family room open to the kitchen featuring a large island & breakfast bar. All rooms are spacious, floors are hardwood & brick. All bedrooms are up, one being used as a study with Hollywood bath, shared by another secondary bedroom, other secondary has an ensuite bath. Grand primary bedroom with spa-like modern bath and dual closets. Relaxing balcony, beautiful large backyard & front courtyard allow for numerous special outdoor spaces to gather! Just steps to West U’s baseball fields, excellent public schools, neighborhood eateries & library, easy access to The Texas Medical Center, Rice University & Downtown. Wonderful green space is located just behind this exceptional home.

Investor Tools

Property Icon
$1,791,784
Estimated Property Value
$685,165Estimated Mortgage Balance
$1,106,619Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,751 /month
Positive
Cash Flow Estimate:
$3,584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,679/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$23,185
$1,791,784
2025
$1,087,500
$704,284
$1,791,784
No

Tax History

Year
Tax Paid
Assessed Value
2024
$23,185
$1,791,784

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$726,300
No
First
Apr 12, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$685,165
$1,146,835
62%
38%
$4,355/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$4,355/mo
$-1,015/mo
2.2%

Learn About the Market: Opportunity in Houston

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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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6358 Mercer St | Property Details | No Agent List