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$223,000

NAL Estimated Property Value

510 Fm 147, Marlin, TX, 76661

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,092 Sq Ft
price_per_sqft$206.04 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Microwave
FlooringCarpet, Laminate, Tile, Vinyl

Exterior

Lot Size5.53 acres

Land Information

APN3223006
Land UseResidential
Legal DescriptionA13-67 CHAMBERS-LASERDA 5.53 ACRES SN1 KBTXSNA86441337 SN2 KBTXSNB86441337 TITLE # MH00370068
Census Tract000800
Assessed Land Value$110,600
Assessed Improvement Value$49,320
Assessment Year2025

About this property

Welcome to your own slice of Texas countryside! Situated on 5.53 beautiful acres in Marlin, this charming 3-bedroom, 2-bath home offers the perfect blend of comfort and rural living. Inside, you'll find a spacious open-concept kitchen and living area. The property features mature live oak trees that add natural beauty and shade, along with a covered patio that provides a comfortable outdoor space to relax and take in the peaceful setting. Located just off paved FM 147, you're within 30 minutes of downtown Waco, 45 minutes to Temple, and about an hour from College Station—making it a convenient spot with a rural feel. It is also right across the road from Marlin’s New City Lake. With no known restrictions, there’s flexibility to use the land how you see fit—whether that’s continuing its current use with goats, building additional structures, or simply enjoying the open space. The property is serviced by Tri-County Water Supply, not city water. If you’re looking for land, privacy, and room to grow without giving up accessibility, this property is a solid option worth considering.

Investor Tools

Property Icon
$223,000
Estimated Property Value
$10,535Estimated Mortgage Balance
$212,465Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,591
$159,920
2025
$110,600
$49,320
$159,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,591
$159,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Members Choice Of Central Texas Fcu
Unknown
$16,000
No
First
Oct 7, 2011
Oct 2018

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,535
$212,465
95%
5%
$96/mo

City: Marlin

510 Fm 147 | Property Details | No Agent List