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B+
NoAgentList RatingHow are grades calculated? Info

$464,000

702 Merriman St, Port Neches, TX, 77651

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,738 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.99 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size20,029 sqft

Building Information

Year Built1968
Stories1
Garage Spaces3

Land Information

APN071500-000-002300-00000
Lot Number5,A
SubdivisionWood
Land UseResidential
Legal DescriptionLTS 5 & 6 RESERVED TR A WOOD LOT A LOT A
Census Tract010800
Assessed Land Value$113,156
Assessed Improvement Value$225,275
Assessment Year2025

Investor Tools

Property Icon
$464,000
Estimated Property Value
$350,000Estimated Mortgage Balance
$137,855Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,784 /month
Positive
Cash Flow Estimate:
$928 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$988/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,533
$338,431
2025
$113,156
$225,275
$338,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,533
$338,431

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neches Fcu
Open End Mortgage / Open End With Future Advance Clause
$350,000
No
First
Sep 12, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,145
$134,855
29%
70%
$2,099/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Port Neches

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702 Merriman St | Property Details | No Agent List