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$199,999

1411 Heath, Merkel, TX, 79536

$200,264 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$107.53 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Storage
Lot Size8,625 sqft

Building Information

Year Built1960
Stories1
Roof Type312
Garage Spaces4

Land Information

APNS2100000600
Lot Number6
SubdivisionSunset Park Addn Of Merkel
Land UseResidential
Legal DescriptionSUNSET PARK ADDN OF MERKEL, BLOCK 1, LOT 6
Census Tract013601
Assessed Land Value$3,019
Assessed Improvement Value$235,031
Assessment Year2025

About this property

If you are looking for a move in ready home then this is the one! This beautiful home sits in Merkel inside a lovely established neighborhood with three bedrooms, two and a half baths as well as two spacious living areas which could double as an office or flex space. In this home you will also find ample storage space throughout. The generous eat in kitchen has granite countertops, matching updated appliances and an oversized walk in pantry area. Prepare to be impressed with the lush green lawn that is easily kept with the convenient water well. Step out into the backyard oasis with large covered porch, concrete pathways, pool with decking and hot tub. The backyard also includes a metal workshop with concrete floors, a man door and roll up door with alleyway access. All this surrounded by a newer metal privacy fence! Recent improvements include newer windows, flooring, metal roof, water well, carport and professional updates throughout. Don't wait to make this one yours!

Investor Tools

Property Icon
$239,000
Estimated Property Value
$155,600Estimated Mortgage Balance
$89,663Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$200,263
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,975
$213,226
2025
$3,019
$235,031
$238,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,975
$213,226

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$155,600
No
First
Jan 6, 2023
Feb 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,337
$89,663
37%
62%
$984/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,390/mo
$984/mo
+$406/mo
7.0%

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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1411 Heath | Property Details | No Agent List