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$625,000

2681 Fm 1085, Merkel, TX, 79536

On MarketInfo
Baths0 Bath
FarmFarm
Year BuiltBuilt in 2019

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Exterior FeaturesRV Hookup, Storage
Lot Size158.05 acres

Building Information

Garage Spaces10

Land Information

APNA0374000300
SubdivisionSur 53 T & P Ry Co
Land UseOther / Unknown
Legal DescriptionA0374 SUR 53 T & P RY CO, BLOCK 19, ACRES 158.05
Census Tract013602
Assessed Land Value$20,657
Assessed Improvement Value$88,108
Assessment Year2025

About this property

158 Acres in a prime location! Located on a paved road with easy access and a beautiful, piped gate entrance. This would make an ideal spot to build your dream home with water and electricity available. 40 X 50 shop with 3 bay doors, an attached incomplete apartment you could finish out as you wish. Fully fenced, dirt tank with a solar well for cattle & wildlife. Whether you are looking to establish a ranch, enjoy recreational activities, or build a forever home, this property checks all the boxes!

Investor Tools

$114,976Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

Interested in this property?

Leslie Mealem

Texas Home and Land Connection

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,539
$108,765
2025
$20,657
$88,108
$529,172
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,539
$108,765

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wendell Kay Mcinroe
N/A
$140,000
N/A
First
Sep 28, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,976
N/A
0%
106%
$840/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.

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

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2681 Fm 1085 | Property Details | No Agent List