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$68,000

NAL Estimated Property Value

306 Kent, Merkel, TX, 79536

$85,941 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,206 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$20.73 / sqft
Year BuiltBuilt in 1933

Property Lead Type:

Off-Market ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Floor/WallHeating Floor/Wall
AppliancesNone
FlooringOther

Exterior

Lot Size17,498 sqft

Building Information

Year Built1933
Stories1
Roof Type105

Land Information

APNS0600002700
Lot Number9-10
SubdivisionOriginal Town Merkel
Land UseResidential
Legal DescriptionORIGINAL TOWN MERKEL, BLOCK 4, LOT 9-10 & S/2 OF 11
Census Tract013601
Assessed Land Value$6,125
Assessed Improvement Value$31,744
Assessment Year2025

About this property

Don't let this opportunity to buy a home to test your flipping skills on. This cute home can be your masterpiece with a little sweat equity, a well stocked tool box, and vision to see it transformed. Come see the potential this home has to offer. The extra building is in good shape and used to have the best little fruit stand in west Texas. The shop has Cement floors, windows and electric.

Investor Tools

Property Icon
$68,000
Estimated Property Value
$94,967Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$85,940
Rent-to-Value Ratio: 0.72%
Rent Estimate
$408 /month
Positive
Cash Flow Estimate:
$136 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$51/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$267
$26,395
2025
$6,125
$31,744
$37,869
No

Tax History

Year
Tax Paid
Assessed Value
2025
$267
$26,395

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Baird
Unknown
$95,000
No
First
Oct 25, 2010
Oct 2013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,967
N/A
0%
140%
$870/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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306 Kent | Property Details | No Agent List