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$162,000

106 E Merritt St, Marshall, TX, 75670

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,446 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.58 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Gas Water Heater
FlooringHardwood

Exterior

Lot Size8,451 sqft

Building Information

Year Built1940
Stories1
Garage Spaces2

Land Information

APN05350.00060.00000.000000
Lot Number6,15
SubdivisionWomack
Land UseResidential
Legal DescriptionACRES: 0.194 LOT: 6 PT 15 SUBD: WOMACK HSE
Census Tract020501
Assessed Land Value$6,340
Assessed Improvement Value$122,030
Assessment Year2025

About this property

Nice, clean home for sale in one of Marshall's best neighborhoods! Step back in time with this 1940's home that features beautiful hardwood floors, archways and is situated on a lot that is just the right size. This home features 3 bedrooms/2 bathrooms as well as large living and dining areas. The sunroom is the perfect size and offers a quiet space with a view! This one is charming and ready for a new family to move in. Call to set up your personal tour!

Investor Tools

Property Icon
$162,000
Estimated Property Value
$148,351Estimated Mortgage Balance
$16,707Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$972 /month
Positive
Cash Flow Estimate:
$324 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$97/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$353
$128,370
2025
$6,340
$122,030
$128,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$353
$128,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$148,351
Yes
First
Mar 28, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,293
$16,707
10%
90%
$890/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: Marshall

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