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$405,000

858 Wimberly Rd, Merkel, TX, 79536

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.1 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size10.01 acres

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APNA0071007000
SubdivisionSur 124 Grimes County School
Land UseResidential
Legal DescriptionA0071 SUR 124 GRIMES COUNTY SCHOOL, TRACT 10, ACRES 10.01
Census Tract013602
Assessed Land Value$7,266
Assessed Improvement Value$366,644
Assessment Year2025

About this property

Beautifully displayed on a sprawling 10-acre lot, this stunning 2021 custom-built home offers a blend of modern elegance and thoughtful design. Step inside to a grand, open-concept layout that highlights a chef’s kitchen, complete with granite countertops, custom cabinetry, double oven, and a spacious walk-in pantry. Perfect for entertaining, this kitchen flows seamlessly into the living area, where a custom-built brick fireplace stands as the centerpiece, adding warmth and character. Gorgeous luxury vinyl plank flooring extends through common areas and into the luxurious master ensuite. Here, you’ll find a spa-like retreat featuring double vanities with granite countertops, large soaking tub, expansive tiled shower, and generous walk-in closets. For convenience and practicality, the oversized two-car garage opens into a well-designed mudroom. The large laundry room, equipped with custom cabinets, adds to the functionality of this exceptional home. This property offers not only the comforts of a thoughtfully crafted interior but also the serenity of 10 acres of land, providing both space and privacy.

Investor Tools

Property Icon
$988,000
Estimated Property Value
$397,664Estimated Mortgage Balance
$211,472Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,928 /month
Positive
Cash Flow Estimate:
$1,976 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$748/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,037
$373,910
2025
$7,266
$366,644
$431,705
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,037
$373,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Coleman County State Bank
Fha
$397,664
Yes
First
Jan 8, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$776,528
$211,472
21%
79%
$4,770/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$4,770/mo
$-3,080/mo
2.1%

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: Merkel

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858 Wimberly Rd | Property Details | No Agent List