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$139,000

NAL Estimated Property Value

308 Marion, Merkel, TX, 79536

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,144 Sq Ft
price_per_sqft$122.29 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer
FlooringCarpet, Laminate

Exterior

Lot Size14,000 sqft

Building Information

Year Built2016
Stories1
Roof Type105

Land Information

APNS0600036700
Lot Number9
SubdivisionOriginal Town Merkel
Land UseResidential
Legal DescriptionORIGINAL TOWN MERKEL, BLOCK 7, LOT 9 TO 10 INC, MH LABEL# HWC0448124 / HWC0448125
Census Tract013601
Assessed Land Value$2,800
Assessed Improvement Value$109,061
Assessment Year2025

About this property

Move in ready!! All appliances, including the washer & dryer, stay. SELLERS ARE MOTIVATED!! 2017 Doublewide ready to make your own, or use as an investment property for the incoming growth in Abilene and surrounding areas. Split bedrooms for additional privacy. Great deck for relaxing after a long day. Hot tub stays with the property. 2 storage sheds for additional storage.

Investor Tools

Property Icon
$139,000
Estimated Property Value
$76,051Estimated Mortgage Balance
$62,949Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$839 /month
Positive
Cash Flow Estimate:
$280 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,222
$111,861
2025
$2,800
$109,061
$111,861
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,222
$111,861

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sarey Enterprises Llc
Conventional
$83,920
No
First
Jul 22, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$76,051
$62,949
45%
55%
$504/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,390/mo
$504/mo
+$886/mo
12.0%

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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308 Marion | Property Details | No Agent List