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$299,000

NAL Estimated Property Value

324 Country Club Drive, Merkel, TX, 79536

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,884 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.48 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Refrigerator, Electric Water Heater
FlooringCarpet, Ceramic Tile, Concrete

Exterior

Lot Size10,001 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR1000004100
Lot Number11
SubdivisionCountry Club Est Sec 3
Land UseResidential
Legal DescriptionCOUNTRY CLUB EST SEC 3, LOT 11
Census Tract013601
Assessed Land Value$3,000
Assessed Improvement Value$259,252
Assessment Year2025

About this property

Updated brick home on Merkel golf course! New flooring and paint throughout this entertainment friendly home! Walk out your back door onto hole #4. Huge back porch facing the course where you can watch deer and golfers at the same time! Massive shade trees provide a nice cool place to hang out on Summer evenings. There is a workshop or storage building with electricity that could be used for numerous projects and with a little creativity could be turned into a guest house. Driving out and around the corner from the house, there is a small lake off of the golf course that is stocked with fish. This house provides all of the entertainment features you could want if you love being outside.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$151,660Estimated Mortgage Balance
$147,340Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,682
$262,252
2025
$3,000
$259,252
$262,252
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,682
$262,252

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fbc Mortgage Llc
Fha
$178,212
Yes
First
Dec 21, 2018
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,660
$147,340
49%
51%
$1,069/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.

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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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324 Country Club Drive | Property Details | No Agent List