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$425,000

4004 Fm 1235, Merkel, TX, 79536

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,602 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.34 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size1 acre

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APNA0073003801
SubdivisionSur 147 Grimes County School
Land UseResidential
Legal DescriptionA0073 SUR 147 GRIMES COUNTY SCHOOL, TRACT 17, ACRES 1.0
Census Tract013601
Assessed Land Value$5,663
Assessed Improvement Value$186,387
Assessment Year2025

About this property

Welcome to this beautifully updated home situated on an acre in the wide-open spaces of West Texas. This thoughtfully refreshed residence offers modern finishes and comfortable living throughout, blending charm with functionality. The spacious bedrooms provide relaxing retreats, while the updated bathrooms add a touch of contemporary style. Outside, enjoy the freedom of expansive land with plenty of room for outdoor activities, animals, or future expansion. A standout feature is the detached workshop—ideal for hobbies, storage, or projects—making this property perfect for those seeking space to work and unwind. With room to roam and no shortage of possibilities, this home delivers peaceful country living with modern convenience.

Investor Tools

$326,525Estimated Mortgage Balance
$95,081Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Rachel Russell

RE/MAX Fine Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,696
$192,050
2025
$5,663
$186,387
$192,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,696
$192,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Va
$354,900
Yes
First
Feb 23, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,525
$94,475
22%
78%
$2,128/mo

City: Merkel