$226,000
NAL Estimated Property Value734 Mercury Dr, Houston, TX, 77013
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Oven, Gas Range, Dishwasher
Exterior
Lot Size8,760 sqft
Building Information
Year Built1950
Stories1
Land Information
APN0881710000026
Lot Number26
SubdivisionSongwood
Land UseResidential
Legal DescriptionLT 26 BLK 8 SONGWOOD
Census Tract232600
Assessed Land Value$55,864
Assessed Improvement Value$144,531
Assessment Year2025
About this property
Nice and cozy home in Songwood subdivision. House has upgrades including: NEW paint, NEW laminate floor through out and new bath tub. House also features double-paned windows, garage was converted to an extra room. House sits on a corner lot and is very closed to I-10 to downtown, convenient for shopping and restaurants. Come Visit Today!
Investor Tools
$226,000
Estimated Property Value
$116,894Estimated Mortgage Balance
$109,106Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,356 /month
Positive
Cash Flow Estimate:
$452 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
$40/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,785
$200,395
2025
$55,864
$144,531
$200,395
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,785
$200,395
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$130,000
No
First
Feb 25, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,894
$84,106
41%
52%
$780/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$820/mo
+$902/mo
9.1%
