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$239,000

409 Ash St, Merkel, TX, 79536

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,094 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.55 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Oven, Microwave
FlooringTile, Wood

Exterior

Lot Size10,498 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces2

Land Information

APNS1200000700
Lot Number11
SubdivisionJohnson-Merkel
Land UseResidential
Legal DescriptionJOHNSON-MERKEL, BLOCK 51, LOT 11 & N/2 LT 10
Census Tract011000
Assessed Land Value$2,100
Assessed Improvement Value$103,108
Assessment Year2025

About this property

Charming 2-bedroom, 2-bath home, in Merkel, Tx. This inviting property features beautiful hardwood flooring throughout and a great dining room ideal for family meals or entertaining. The home exudes warmth and charm, offering a cozy atmosphere. The spacious backyard provides ample room for outdoor activities, gardening, or relaxing in the sun. Conveniently located close to local schools and just a short drive from Abilene, this home combines the tranquility of a quaint small town, with easy access to amenities. A wonderful place to call home! This home is being sold AS IS.

Investor Tools

Property Icon
$239,000
Estimated Property Value
$104,500Estimated Mortgage Balance
$137,930Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,066
$105,208
2025
$2,100
$103,108
$105,208
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,066
$105,208

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$104,500
No
First
Jul 31, 2024
Aug 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,070
$137,930
57%
42%
$627/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,006/mo
$627/mo
+$379/mo
5.1%

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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409 Ash St | Property Details | No Agent List