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$314,000

NAL Estimated Property Value

199 Merrett Road, Bowie, TX, 76230

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,026 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.33 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1.5Bathrooms 1.5
AppliancesElectric Oven
FlooringCeramic Tile, Laminate

Exterior

Lot Size34,456 sqft

Building Information

Year Built1982
Garage Spaces1

Land Information

APNR000008754
Land UseResidential
Legal DescriptionACRES: 0.791 AB 319 BLK 20 TRACT 11 HILL CSL SURVEY
Census Tract950402
Assessed Land Value$19,590
Assessed Improvement Value$132,450
Assessment Year2025

About this property

Looking for the most adorable home just outside of the city limits on quite dead end street? Perfect starter home on just over .75 acre. 3 bedrooms and large oversized lot minutes from Highway 287. This home is ready to be filled with laughter and memories! Many updates with fresh paint and is move in ready or start your remodel to suit your desires. This charmer will not last long!

Investor Tools

Property Icon
$314,000
Estimated Property Value
$0Estimated Mortgage Balance
$314,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$181/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$603
$152,040
2025
$19,590
$132,450
$152,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$603
$152,040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$314,000
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: Bowie

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199 Merrett Road | Property Details | No Agent List