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$209,000

258 County Road 674, Merkel, TX, 79536

Off MarketInfo
Baths0 Bath
ImprovedLandImprovedLand

Highlights

Interior

Bathrooms 0Bathrooms 0

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

Learn About the Market: Opportunity in Texas

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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: Merkel

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258 County Road 674 | Property Details | No Agent List