Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$246,000

198 County Road 354, Merkel, TX, 79536

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$111.06 / sqft
Year BuiltBuilt in 2011

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5.02 acres

Building Information

Year Built2011
Stories1
Roof Type105

Land Information

APNA0461001000
SubdivisionSur 5 Burr & Caswell
Land UseResidential
Legal DescriptionA0461 SUR 5 BURR & CASWELL, ACRES 5.021, LABEL# HWC0418439
Census Tract013602
Assessed Land Value$47,220
Assessed Improvement Value$85,390
Assessment Year2025

About this property

Enjoy the gorgeous views from this 3 bed 2 bath home on nearly 6 acres. Spacious open floor plan, large island kitchen with plenty of storage and breakfast bar. Master suite with office area, walk-in closet and separate shower and garden tub. Exterior features include 8 20 x 12 horse stalls and tack room with electric and water and all new fencing. Perfect secluded horse property yet only minutes from town!

Investor Tools

Property Icon
$246,000
Estimated Property Value
$170,000Estimated Mortgage Balance
$99,376Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$634
$118,594
2025
$47,220
$85,390
$132,610
No

Tax History

Year
Tax Paid
Assessed Value
2025
$634
$118,594

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$170,000
No
First
Jun 13, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,624
$99,376
40%
60%
$1,020/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

198 County Road 354 | Property Details | No Agent List