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$32,530

NAL Estimated Property Value

4701 FM 308, Mertens, TX, 76666

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,110 Sq Ft
price_per_sqft$24.23 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
FlooringWood

Exterior

Lot Size1 acre

Land Information

APN125144
SubdivisionW Stirman A-
Land UseAgriculture / Farming
Legal DescriptionW STIRMAN A-835 TR 14 1.00 AC (PT A-116)
Census Tract961100
Assessed Land Value$28,000
Assessed Improvement Value$4,530
Assessment Year2025

About this property

Vintage Farmhouse that needs the perfect person to bring it back to life! Built in early 1900's and has been gutted and is ready for restoration project. Home sits on 1 acre on top of a hill with breathtaking views of the country! This property has such potential to be the quintessential farmhouse on a hill with a porch swing overlooking the surrounding hills and farmland.

Investor Tools

Property Icon
$32,530
Estimated Property Value
$0Estimated Mortgage Balance
$32,530Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$27/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$167
$32,530
2025
$28,000
$4,530
$32,530
No

Tax History

Year
Tax Paid
Assessed Value
2025
$167
$32,530

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$32,530
100%
0%
$0/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: Mertens

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4701 FM 308 | Property Details | No Agent List