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$487,130

8033 County Road 415, Merkel, TX, 79536

$525,000 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,748 Sq Ft
FarmFarm
price_per_sqft$171.05 / sqft
Year BuiltBuilt in 1958

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Dryer, Gas Cooktop, Gas Oven, Gas Water Heater, Refrigerator, Washer
FlooringCeramic Tile, Laminate

Exterior

Lot Size121.99 acres

Building Information

Year Built1958
Garage Spaces2

Land Information

APN12651
Land UseResidential
Legal DescriptionA0283 271 G W PENNY TRACT 9 ACRES 131.996
Census Tract020500
Assessed Land Value$304,970
Assessed Improvement Value$182,160
Assessment Year2025

About this property

Enjoy country living on a generous 10-acre tract without the hassle of building a new home. This four-bedroom 2 bath home even has a second living room! The home has just undergone a complete refresh, offering a clean and modern look that is move-in ready. The home boasts a new metal roof, exterior paint, interior paint and light fixtures. All appliances are included, all you have to do is move your stuff in! Additional acreage is available in ten-acre tracts. The area is known for its quiet, peaceful surroundings, making it ideal for those seeking a slower paced lifestyle. Motivated seller offering $7500 towards closing cost.

Investor Tools

Property Icon
$487,130
Estimated Property Value
$0Estimated Mortgage Balance
$487,130Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$525,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,923 /month
Positive
Cash Flow Estimate:
$974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,409
$487,130
2025
$304,970
$182,160
$487,130
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,409
$487,130

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$487,130
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: Merkel

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8033 County Road 415 | Property Details | No Agent List