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
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$201,927

NAL Estimated Property Value

2102 Fm 1235, Merkel, TX, 79536

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,608 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.28 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size36,373 sqft

Building Information

Year Built1952
Stories1
Roof Type312
Garage Spaces3

Land Information

APNA0071005100
SubdivisionSur 124 Grimes County School
Land UseResidential
Legal DescriptionA0071 SUR 124 GRIMES COUNTY SCHOOL, BLOCK 1 & 2, TRACT 1, ACRES .835
Census Tract013602
Assessed Land Value$16,700
Assessed Improvement Value$198,535
Assessment Year2025

About this property

Spacious move in ready ranch house that has beautiful finishes on the inside. This home is close to Abilene and Dyess Air Base located just outside the wonderful town of Merkel. The home sits on just under an acre of land and has a storm cellar, and a metal shop with electric. You will love the open floor plan, new flooring, and fresh paint! This property has a great floor plan and large spacious rooms. All the appliance swill convey with the property. There is a water well. Current owner never used it.

Investor Tools

Property Icon
$201,927
Estimated Property Value
$140,141Estimated Mortgage Balance
$61,786Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /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
$219/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,622
$201,927
2025
$16,700
$198,535
$215,235
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,622
$201,927

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Fha
$153,174
Yes
First
Nov 29, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,141
$61,786
30%
69%
$919/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...

2102 Fm 1235 | Property Details | No Agent List