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$127,000

NAL Estimated Property Value

1529 Sunset Street, Merkel, TX, 79536

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,528 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$45.81 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesOther, Refrigerator
FlooringCarpet, Other, Vinyl

Exterior

Lot Size7,741 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APNS2350002700
Lot Number15
SubdivisionWestern Hts Sec 1 Of Merkel
Land UseResidential
Legal DescriptionWESTERN HTS SEC 1 OF MERKEL, BLOCK 2, LOT 15
Census Tract013601
Assessed Land Value$2,709
Assessed Improvement Value$117,993
Assessment Year2025

About this property

If you are looking to buy a home that you can truly make your own. This spacious three bedroom two living area home can be your next home!. I can visualize this home updated, you will love it! Corner lot, great backyard, nice covered front and back porches. Large family room with amazing rock fireplace. Come out to the wonderful community of Merkel TX and see this home!

Investor Tools

Property Icon
$127,000
Estimated Property Value
$65,810Estimated Mortgage Balance
$61,190Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$762 /month
Positive
Cash Flow Estimate:
$254 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,370
$120,702
2025
$2,709
$117,993
$120,702
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,370
$120,702

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$75,000
No
First
Feb 21, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,810
$61,190
48%
52%
$450/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1529 Sunset Street | Property Details | No Agent List