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$180,000

912 Locust, Merkel, TX, 79536

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,547 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.35 / sqft
Year BuiltBuilt in 1944

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringCombination

Exterior

Lot Size8,999 sqft

Building Information

Year Built1944
Stories1
Roof Type105
Garage Spaces1

Land Information

APNS1850000900
Lot Number10
SubdivisionSouthland Of Merkel
Land UseResidential
Legal DescriptionSOUTHLAND OF MERKEL, LOT 10 & E1/2 LT 9
Census Tract013601
Assessed Land Value$1,800
Assessed Improvement Value$154,355
Assessment Year2025

About this property

Cute little home full of potential! This 3-bedroom, 2-bath home offers a great opportunity for buyers looking to add their own personal touches. The functional floor plan provides comfortable living spaces, while the garage offers excellent flexibility as a workshop, hobby space, or additional storage. Covered parking adds everyday convenience. Whether you're searching for a primary residence or an investment opportunity, this property has plenty of possibilities. Schedule your private showing today and imagine the potential this home has to offer!

Investor Tools

$119,372Estimated Mortgage Balance
$90,984Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

Interested in this property?

Beki Kofoed

Carriage House

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,182
$136,807
2025
$1,800
$154,355
$156,155
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,182
$136,807

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$120,600
No
First
Oct 27, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,372
$76,628
39%
57%
$724/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,390/mo
$724/mo
+$666/mo
7.9%

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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