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$199,000

5073 State Highway 7, Marlin, TX, 76661

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,359 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.43 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesElectric Cooktop, Microwave

Exterior

Lot Size4.53 acres

Land Information

APN7878001 01
Land UseFarm & Ranch Improved - Rural Residence
Legal DescriptionA13-67 CHAMBERS-LASERDA 4.53 ACRES
Census Tract000800
Assessed Land Value$76,610
Assessed Improvement Value$88,900
Assessment Year2023

About this property

Peaceful country living on 4.53 acres in Marlin with its own private well. This three bedroom, two bath home offers plenty of space and flexibility with an unfinished fourth bedroom, two living areas, a flex room, and an unfinished enclosed garage ready for your personal touch. The open kitchen and family room create a comfortable gathering space, while recent updates to flooring and paint add fresh appeal. Outside, you'll find a barn along with fenced and cross-fenced acreage ideal for livestock, hobbies, or simply enjoying the wide-open space. Convenient country living with room to grow and make it your own.

Investor Tools

$135,610Estimated Mortgage Balance
$128,625Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,584 /month
Positive
Cash Flow Estimate:
$528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$311/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$165,510
2023
$76,610
$88,900
$165,510
No

Tax History

Year
Tax Paid
Assessed Value
2019
N/A
$165,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Fed Mortgage Corp
Unknown
$144,000
No
First
May 10, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,610
$128,390
48%
51%
$864/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: Marlin

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5073 State Highway 7 | Property Details | No Agent List