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$38,000

512 Park Street, Marlin, TX, 76661

$49,400 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$45.89 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Must-SellDeal ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1

Exterior

Lot Size7,492 sqft

Land Information

APN7409001
Lot Number7
SubdivisionRickelman Ma
Land UseResidential
Legal DescriptionS4070 RICKELMAN BLK 4 LOT 7
Census Tract000400
Assessed Land Value$5,100
Assessed Improvement Value$71,540
Assessment Year2025

About this property

Don't miss this great investment opportunity on a corner lot in Marlin, TX! This property features an incomplete 2-bedroom, 1-bathroom home with approximately 822 sqft (per FCAD). The current owner began renovations, including the installation of new windows and other repairs, giving you a head start on completing this charming home. Whether you're looking for a personal project, rental property, or a potential flip, this home offers plenty of upside in a quiet, developing area. Bring your vision and make it your next successful investment! No Survey available. Be careful walking the property, some construction material are there. No Survey available.

Investor Tools

Property Icon
$102,000
Estimated Property Value
$0Estimated Mortgage Balance
$102,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$49,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$612 /month
Positive
Cash Flow Estimate:
$204 /month

Interested in this property?

Joel Miranda-Ortiz

All City Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,206
$76,640
2025
$5,100
$71,540
$76,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,206
$76,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$102,000
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.

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: Marlin

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512 Park Street | Property Details | No Agent List