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$384,400

836 Derstine Road, Merkel, TX, 79536

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.56 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesDishwasher, Double Oven, Electric Cooktop, Electric Range
FlooringConcrete

Exterior

Private PoolPrivate Pool
Lot Size90 acres

Building Information

Year Built2019
Stories1
Roof Type312
Garage Spaces5

Land Information

APNA0365000500
SubdivisionSur 21 T & P Ry Co
Land UseResidential
Legal DescriptionA0365 SUR 21 T & P RY CO, BLOCK 18, ACRES 90.0
Census Tract013602
Assessed Land Value$11,307
Assessed Improvement Value$206,849
Assessment Year2025

About this property

Country living with the best views from the porch! 146.03 acres with tanks, trees and TX wildlife. Metal barndominium, with ranch style decor has all the open space for everyone. Huge living room and kitchen with all the cabinet space. Huge bar top with eat in kitchen and double doors to the back porch make this a great place to entertain. Stained concrete floors, generous laundry room that doubles as a mud room make this home perfectly convenient for country life. Just built in 2019, with covered porch on both front and back make this home the place to watch a Texas sun rise and set. This is a great horse property, place for livestock and great hunting. Must see it in person to appreciate all it has to offer!

Investor Tools

Property Icon
$362,000
Estimated Property Value
$0Estimated Mortgage Balance
$362,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,306 /month
Positive
Cash Flow Estimate:
$769 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,063
$218,156
2025
$11,307
$206,849
$526,687
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,063
$218,156

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$362,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,390/mo
N/A
+$1,390/mo
4.6%

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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836 Derstine Road | Property Details | No Agent List