Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$269,000

NAL Estimated Property Value

502 S Edinburg ST, Marfa, TX, 79843

Off MarketInfo
Beds5 Beds
Baths1 Bath
Baths2,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.65 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 1Bathrooms 1
FlooringAdobe

Exterior

Private PoolPrivate Pool
Lot Size11,021 sqft

Building Information

Year Built1950
Garage Spaces1

Land Information

APN233000000120001000000
Lot Number1,2
Land UseResidential
Legal Description12, WEST HEIGHTS LOTS 1-2
Census Tract950100
Assessed Land Value$122,800
Assessed Improvement Value$79,600
Assessment Year2025

About this property

This unique property, located on a prime corner lot in the center of Marfa, is zoned for commercial use and situated on two oversized lots. The charming adobe building features 9 rooms, offering ample space for various uses. Additionally, there’s a detached garage with storage, an extra room, and a carport. With an alley running behind the property and being directly across from the popular Waterstop and Bordo restaurants, this location is ideal for attracting foot traffic and exposure. It’s also next door to a winery, making it an attractive spot for tourism and local visitors. Property Highlights: Commercial Zoning with plenty of potential for mixed-use development 2 Oversized Lots offering plenty of space for expansion or outdoor areas Adobe Building with 9 rooms, providing flexibility for a variety of uses Detached Garage, Storage, Extra Room, and Carport offering convenient parking and additional workspace Prime Location across from Waterstop and Bordo restaurants and next to a winery, ensuring high visibility and foot traffic Versatile Use: Perfect for a vacation home, artist studio, gallery, retail space, or multi-use business Alley Access offering additional convenience for deliveries or parking This property is a rare find in Marfa, a town known for its thriving arts scene and unique cultural vibe. Whether you envision it as a creative space, a commercial venture, or a combination of both, the possibilities are endless.

Investor Tools

Property Icon
$269,000
Estimated Property Value
$0Estimated Mortgage Balance
$269,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$261/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,791
$202,400
2025
$122,800
$79,600
$202,400
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,791
$202,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$269,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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: Marfa

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

502 S Edinburg ST | Property Details | No Agent List