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$230,000

1002 Trundy, Merkel, TX, 79536

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,668 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.89 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size24,829 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces2

Land Information

APNA0073008200
SubdivisionSur 147 Grimes County School
Land UseResidential
Legal DescriptionA0073 SUR 147 GRIMES COUNTY SCHOOL, TRACT 25 (1 AC LESS S120), ACRES .57
Census Tract013601
Assessed Land Value$6,952
Assessed Improvement Value$114,293
Assessment Year2025

About this property

Enjoy small-town living with room to spread out in this well-maintained home in Merkel! Inside, you’ll find spacious bedrooms, updated flooring, abundant natural light, and a beautifully refreshed bathroom. The oversized kitchen offers plenty of cabinet and counter space, along with a breakfast bar and dining area perfect for everyday living and entertaining. Outside, the large fenced backyard provides endless possibilities with multiple storage buildings, workshop space, and plenty of room for hobbies, gardening, pets, or outdoor gatherings. A well waters the entire property, and the well house has additional storage space. The large 24x24 metal shop is a standout feature with space for projects, storage, or equipment. With comfortable living spaces, practical updates, and a generous lot, this property offers the flexibility and charm buyers are looking for. Come see all the possibilities this Merkel property has to offer!

Investor Tools

$56,276Estimated Mortgage Balance
$179,724Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$209/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,327
$121,245
2025
$6,952
$114,293
$121,245
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,327
$121,245

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Conventional
$64,000
No
First
May 15, 2020
Jun 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,276
$186,724
76%
24%
$384/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.

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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: Merkel

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1002 Trundy | Property Details | No Agent List