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$188,000

NAL Estimated Property Value

501 Oak, Merkel, TX, 79536

$226,111 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,856 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$64.66 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Refrigerator, Gas Water Heater
FlooringCarpet, Laminate, Other

Exterior

Exterior FeaturesStorage
Lot Size11,927 sqft

Building Information

Year Built1935
Stories1
Roof Type105
Garage Spaces1

Land Information

APNS1350000700
Lot Number34
SubdivisionMiller Addn Of Merkel
Land UseResidential
Legal DescriptionMILLER ADDN OF MERKEL, BLOCK 2, LOT 34 & N1/2 LT 35
Census Tract013601
Assessed Land Value$2,385
Assessed Improvement Value$208,923
Assessment Year2025

About this property

I love this wonderful home with it's large yard and darling curb appeal. It is a wonderful location in Merkel Tx. As soon as you walk in the bright yellow door, you will be in love with this home. I love the natural light that flows into the home, it highlights the large welcoming space. Two living areas, two dining spaces, and a deck off the back of the home is perfect for relaxing with friends, family, and pets! Three bedrooms could be expanded to fourth bedroom, using the 2nd living area as a bedroom. Small town living in a great home, is this your American Dream!

Investor Tools

Property Icon
$188,000
Estimated Property Value
$104,895Estimated Mortgage Balance
$83,105Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$226,111
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,128 /month
Positive
Cash Flow Estimate:
$376 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,934
$160,217
2025
$2,385
$208,923
$211,308
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,934
$160,217

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Va
$114,650
Yes
First
Nov 5, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,895
$83,105
44%
56%
$688/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,390/mo
$688/mo
+$702/mo
8.9%

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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501 Oak | Property Details | No Agent List