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$305,000

311 Edwards, Merkel, TX, 79536

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,664 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.29 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size21,000 sqft

Building Information

Year Built1935
Stories1
Roof Type105
Garage Spaces1

Land Information

APNS0600002200
Lot Number1-2-3
SubdivisionOriginal Town Merkel
Land UseResidential
Legal DescriptionORIGINAL TOWN MERKEL, BLOCK 4, LOT 1-2-3
Census Tract013601
Assessed Land Value$3,360
Assessed Improvement Value$16,321
Assessment Year2025

About this property

Proposed new construction barndominium by Red Oak Custom Builders. Wonderful open floorplan with 3 Bedrooms & 2 Bathrooms built on a 9ft plate. Builder's plans for the home - Electric FP in living room, kitchen to have painted cabinetry, granite on counters, gorgeous walnut butcher block on island, & SS appliances (range, microwave, dishwasher). Spacious utility room. The primary bedroom ensuite has a tub, separate tiled shower, and 2-sink vanity with granite counters. LVP flooring in main living areas, carpet in bedrooms. Foam insulation. Class 4 metal roof. Great covered porches, front & back. Metal privacy fence, corner lot. Landscaping to include sod in front & back and two trees, one in front, one in back. Wise camera system with 2 cameras & ring doorbell. Builder warranty. This is proposed construction so Builder's finish out plans ARE SUBJECT TO CHANGE and-or buyer has the opportunity to choose finishes and make some changes at this point, within builder's allowances. The barndos on the corner of S. 6th & Rose and the one at 822 Rose were also built by Red Oak Custom Builders. Note: All measurements approximate. Lot size is approximate since it's part of a larger lot that has been subdivided.

Investor Tools

$0Estimated Mortgage Balance
$302,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

Interested in this property?

Romona Brogan

RE/MAX Big Country

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$158/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$387
$19,681
2025
$3,360
$16,321
$19,681
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$387
$19,681

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$107,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,390/mo
N/A
+$1,390/mo
5.5%

City: Merkel

311 Edwards | Property Details | No Agent List