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Days19Days on Market
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$220,000

403 E Merritt St, Marshall, TX, 75670

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,019 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.96 / sqft
Year BuiltBuilt in 1935

About this property

Charming 1935 two-story home in a desirable neighborhood featuring 2019 sqft of heated and cooled square feetand a sparkling in-ground pool! This inviting home offers three bedrooms and two bathrooms upstairs,while the downstairs includes a versatile fourth bedroom with a full bath and closet—ideal for guests, a home office, second living area, or game room. The cozy living room is anchored by a wood-burning fireplace, creating the perfect gathering space. Recent improvements include some fresh interior paint,added attic insulation for improved energy efficiency, and a new storage building. Step outside to a fenced backyard overlooking the beautiful pool, offering the perfect setting for relaxing or entertaining. This home combines timeless character with thoughtful updates and is ready for its next owner! See Existing Survey for the lot line.

Investor Tools

Property Icon
$214,090
Estimated Property Value
$176,641Estimated Mortgage Balance
$48,902Estimated Equity
17% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

Interested in this property?

Terry Turner-Ward

Coldwell Banker Lenhart-Marshall

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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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: Marshall

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403 E Merritt St | Property Details | No Agent List