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$430,629

NAL Estimated Property Value

6641 Merry Ln, Houston, TX, 77023

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,757 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.04 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size10,202 sqft

Building Information

Year Built1945
Stories1
Garage Spaces2

Land Information

APN0622080130028
Lot Number29
SubdivisionIdylwood
Land UseResidential
Legal DescriptionLT 29 & TR 28 BLK 13 IDYLWOOD
Census Tract310700
Assessed Land Value$175,450
Assessed Improvement Value$255,179
Assessment Year2025

About this property

Quintessential 1940s Idylwood bungalow on extra large ravine lot! Incredible & serene view from newly added covered deck via new sliding glass doors! Features classic hardwoods, built-ins, formals and huge family room. All bedrooms are generously sized for this era and feature adorable casement windows. Classic bathroom with vintage tile and extra vanity area. Remodeled kitchen is a dream with honed granite counters, high-end stainless appliances and birch cabinets. *Recent updates incl: New Carpet '21, Bosch Dishwasher '21, & New Driveway '20. *per seller. See full list of updates attached.

Investor Tools

Property Icon
$430,629
Estimated Property Value
$0Estimated Mortgage Balance
$430,629Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,584 /month
Positive
Cash Flow Estimate:
$861 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,576
$430,629
2025
$175,450
$255,179
$430,629
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,576
$430,629

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$434,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
4.8%

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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6641 Merry Ln | Property Details | No Agent List