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$1,594,113

NAL Estimated Property Value

11998 Merlin Dr, Sanger, TX, 76266

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,334 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$369.17 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Other
FlooringCeramic Tile, Hardwood, Stone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Barbecue, Built-in Barbecue, Fire Pit, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard, RV Hookup, Storage
Lot Size6.26 acres

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR188816
Lot Number7
SubdivisionBar V. K. Air Ranch Estates
Land UseAgriculture / Farming
Legal DescriptionBAR V. K. AIR RANCH ESTATES LOT 7
Census Tract020204
Assessment Year2025

About this property

Be swept off your feet & into the air by this captivating estate to experience majestic sunsets watching planes fly on the horizon in this Airpark community. Completely renovated, exceptionally maintained & styled to perfection retreat with hand scraped hardwoods, vinyl windows, plantation shutters, 2019 dual Carrier HVAC & storm shelter. The outdoor kitchen can only be matched by the chef’s interior kitchen featuring soapstone counters, Thermador 6 burner gas cooktop, Bosh double ovens, Rachiele custom copper sink, bev. fridge & striking backsplash. 2 owner’s retreats with stone fireplaces. 1 suite down has bed, flex space, work station & full bath. 2nd retreat up has spa-like bath has Baine Ultra tub- aromatherapy massage jets, seamless shower, dual vanities & 10x8 balcony. Taxi direct to the community 2,900' x 120' turf runway from the impressive 60x50, 3k sq. ft. hangar with water, power, 50 Amp RV plug, 40x14 hydraulic door. Saltwater pool & spa, fire pit & outdoor luxury living.

Investor Tools

Property Icon
$1,594,113
Estimated Property Value
$829,417Estimated Mortgage Balance
$764,696Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,600 /month
Positive
Cash Flow Estimate:
$3,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,250/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,028
$1,594,113
2025
N/A
N/A
$1,803,733
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,028
$1,594,113

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J Philips Mortgage Inc
Conventional
$726,200
No
First
Jun 15, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$829,417
$764,696
47%
52%
$5,254/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: Sanger

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11998 Merlin Dr | Property Details | No Agent List