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$1,137,200

NAL Estimated Property Value

946 Merrill Street, Houston, TX, 77009

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,220 Sq Ft
price_per_sqft$427.93 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Gas Range, Dishwasher, Dryer, Washer
FlooringTile, Wood

Exterior

Lot Size5,998 sqft

Building Information

Year Built1920
Garage Spaces1

Land Information

APN0513760000012
Lot Number12
SubdivisionWoodson Place
Land UseResidential
Legal DescriptionLT 12 BLK 4 WOODSON PLACE
Census Tract510302
Assessed Land Value$630,000
Assessed Improvement Value$507,200
Assessment Year2025

About this property

This is it! Beautifully renovated and expanded home in the Woodland Heights and zoned to Travis Elementary! Timeless finishes in the stylish kitchen include quartz counters, subway tile backsplash in brick and herringbone patterns, apron front farm sink and large eat in island with a wall of extra storage. The large family room opens to the kitchen and the backyard and has a spacious feel with a vaulted ceiling. The primary bedroom suite downstairs also has a vaulted ceiling and a stunning bath with beadboard accents, marble tile, freestanding tub and large frameless shower. Fantastic floor plan with 2 additional bedrooms down, full hall bath, formal living and formal dining plus a 2nd floor study/playroom with full bath. The backyard includes turf with natural tree shading & mosquito system installed in 2021. Highly walkable- close to restaurants, nightlife and coffee shops!

Investor Tools

Property Icon
$1,137,200
Estimated Property Value
$476,098Estimated Mortgage Balance
$661,102Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,823 /month
Positive
Cash Flow Estimate:
$2,274 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,709/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,822
$1,137,200
2025
$630,000
$507,200
$1,137,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,822
$1,137,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Conventional
$521,360
No
First
Oct 26, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,098
$661,102
58%
42%
$3,126/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,126/mo
$-1,404/mo
1.8%

Learn About the Market: Opportunity in Houston

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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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946 Merrill Street | Property Details | No Agent List