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Days37Days on Market
Views1view

$25,000

$20,000

1503 S 2nd Lot 2, Merkel, TX, 79536

On MarketInfo
Price DropInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size15,002 sqft

Land Information

APNS0825009700
Lot Number1-2
SubdivisionCollege Of Merkel
Land UseResidential
Legal DescriptionCOLLEGE OF MERKEL, BLOCK 18, LOT 1-2
Census Tract013601
Assessed Land Value$2,700
Assessment Year2025

About this property

Corner lot that is close to elementary and middle school. Property consists of two adjacent lots. This listing is for Lot 2 only. Adjacent Lot 1 is also available under separate MLS #21307580.

Investor Tools

Property Icon
$44,000
Estimated Property Value
$0Estimated Mortgage Balance
$44,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Amber Kimmel

KW SYNERGY*

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$23/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$53
$2,700
2025
$2,700
N/A
$2,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$53
$2,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$44,000
100%
0%
$0/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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1503 S 2nd Lot 2 | Property Details | No Agent List