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$209,000

NAL Estimated Property Value

258 County Road 674, Merkel, TX, 79536

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size77.33 acres

Land Information

APNA0651000500
SubdivisionSur 66 T P Ry Co E/2
Land UseResidential
Legal DescriptionA0651 SUR 66 T P RY CO E/2, BLOCK 5, ACRES 77.33
Assessed Land Value$4,408
Assessed Improvement Value$29,100
Assessment Year2025

About this property

This 77± acre ranch offers some of the best views in Taylor County. From its elevated vantage points, you can see for miles across the rolling West Texas landscape, enjoying spectacular sunrises, colorful sunsets, and star-filled skies. The peace and quiet found here are becoming increasingly rare, making this property a true escape from the noise of everyday life. At the center of the property sits a 50' x 40' metal shop complete with a comfortable 400-square-foot insulated apartment featuring a kitchenette and full bathroom. A strong water well supplies the property, and a septic system rated for a 3-bedroom, 2-bath home is already in place, providing an excellent foundation for future improvements or expansion. The land itself is in outstanding condition. Having gone more than 20 years without grazing, the ranch boasts an impressive stand of native grasses seldom found on properties of this size. The current owners have also invested considerable effort into cedar management and road maintenance, creating a highly usable property while preserving its natural beauty. A wet-weather tank provides seasonal water for wildlife, and the varied terrain offers an ideal mix of open country, cover, and scenic overlooks. Whether you're looking for a weekend retreat, future homesite, recreational property, or small ranching operation, this tract offers endless possibilities. Properties with this combination of views, improvements, water infrastructure, and untouched native grass are increasingly difficult to find. If you've been searching for a place where the scenery stretches for miles and the only thing you'll hear is the West Texas wind, this Mulberry Canyon ranch deserves a look.

Investor Tools

Property Icon
$209,000
Estimated Property Value
$0Estimated Mortgage Balance
$209,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$112/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$302
$33,508
2025
$4,408
$29,100
$444,836
No

Tax History

Year
Tax Paid
Assessed Value
2025
$302
$33,508

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$209,000
100%
0%
$0/mo

City: Merkel

258 County Road 674 | Property Details | No Agent List