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$2,500,000

1256 County Road 401, Merkel, TX, 79536

On MarketInfo
Just AddedInfo
CommercialInfo
Baths13,200 Sq Ft
price_per_sqft$189.39 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCombination, Concrete, Laminate, Vinyl

Exterior

Lot Size53.51 acres

Building Information

Year Built2020
Stories1
Roof Type114
Garage Spaces10

Land Information

APNA0072015100
SubdivisionSur 148 Grimes County School
Land UseCommercial
Legal DescriptionA0072 SUR 148 GRIMES COUNTY SCHOOL, TRACT W PRT 15, ACRES 53.511
Census Tract013601
Assessed Land Value$300,630
Assessed Improvement Value$726,403
Assessment Year2025

About this property

WILL LOOK AT ALL OFFERS! With 7 active water wells, pumps in place, and 2 large tanks that have been properly maintained, offer accessible fishing this site provides a rare level of infrastructure for industrial, agricultural, hospitality, or residential style operations. Some Brazos River Basin water rights may also convey! Positioned on 53 acres and offering nearly 13,000 square feet across two fully insulated buildings, multiple outbuildings, this property is one of the most versatile commercial opportunities available in West Texas. 3-phase power can easily be installed. Large high-voltage lines cross the edge of the property, with the possibility of extremely heavy power. The possibilities here are truly endless. The larger building features expansive shop space, spray foam insulation throughout, and a fully equipped commercial kitchen complete with commercial stove, ovens, fridge vent, fryer, 3 bay sink, and ice maker ideal for a restaurant, catering operation, or event driven business. With its partial second floor, deluxe bathroom, and well built living quarters, could also be converted into a large shared living facility, abundant water access and ample parking. The smaller building includes wash bays and several garage doors, making it a natural fit for automotive services, equipment or animal washing, detailing, fabrication, or industrial support operations. Both buildings include luxury living quarters and bathrooms, offering flexibility. A custom built heavy duty electric elevator services the second floor of the main building, allowing easy lifting of anything. The upstairs area is engineered to support substantial weight perfect for storage, workspace, etc. Outside, the property includes multiple extra tall carports capable of sheltering 20+ vehicles or RVs, not including interior parking. Yard is asphalt millings and offers parking for trucks, heavy equipment, etc. Additional outbuildings provide more flexibility. Buyer to verify measurements.

Investor Tools

$83,950Estimated Mortgage Balance
$943,083Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,000 /month
Positive
Cash Flow Estimate:
$5,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,629/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,419
$1,027,033
2025
$300,630
$726,403
$1,027,033
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$14,419
$1,027,033

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rags Tin Cup Llc
Unknown
$100,500
No
First
May 1, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,950
$943,083
91%
8%
$603/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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1256 County Road 401 | Property Details | No Agent List