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$210,000

NAL Estimated Property Value

1506 S 6th, Merkel, TX, 79536

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,664 Sq Ft
price_per_sqft$45.37 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size10,877 sqft

Building Information

Year Built1999
Stories1
Roof Type312
Garage Spaces2

Land Information

APNS1200002300
Lot Number6
SubdivisionJohnson-Merkel
Land UseResidential
Legal DescriptionJOHNSON-MERKEL, BLOCK 54, LOT 6 & S1/2 LT 5
Census Tract013601
Assessed Land Value$2,175
Assessed Improvement Value$132,149
Assessment Year2025

About this property

Nice size updated 1999 Doublewide mobile home. Completely updated master bathroom. Has new ceramic tile floors, tape and textured walls, extra living space that could be a fourth bedroom, newer 4 ton AC unit. Sliding glass doors leading out to the concrete covered patio and large back yard with a water well. Small storage unit in back will remain with the property. Walking distance from the Football field, baseball field, High School, Middle School and Elementary School.

Investor Tools

Property Icon
$210,000
Estimated Property Value
$133,901Estimated Mortgage Balance
$76,099Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$210/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,474
$134,324
2025
$2,175
$132,149
$134,324
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,474
$134,324

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Fha
$138,446
Yes
First
Jul 31, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,901
$76,099
36%
64%
$831/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: Merkel

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1506 S 6th | Property Details | No Agent List