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$52,673

982 Derstine Rd Lot 1 County Road 378, Merkel, TX, 79536

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size324.30 acres

Land Information

APNA0592000300
SubdivisionSur 20 T & P Ry Co
Land UseLand, Farm-Ranch, Acres Tillable
Legal DescriptionA0592 SUR 20 T & P RY CO, BLOCK 18, ACRES 324.298
Census Tract013602
Assessed Land Value$52,673
Assessment Year2025

About this property

This listing is for Lot 1, facing CR 378-Derstine Rd- Tranquil Land with Stunning Mountain Views! Escape the hustle and bustle of city life and embrace the serenity of nature with this peaceful lot. Enjoy the soothing sounds of birdsong, the calm of open space, and breathtaking views of the Mulberry Canyon Mountains. Whether you’re looking to build your dream home, install a mobile home, or simply invest, this 10+ acre tract offers endless possibilities. Key Features: Ideal for residential, farming, or investment use. Multiple tracts available (each 10+ acres). Stunning views of the Mulberry Canyon Mountains. Quiet, peaceful location with minimal noise. Sun Water Co-Op available for tracts facing CR 378; other lots will need a well (4 test drills have confirmed water presence). All lots have road access. Electricity is available along the road. Minimal deed restrictions means tons of flexibility. We do not own mineral rights. Buyer should verify Sun Water Co-Op access for county road-facing lots. Detailed information on water testing, survey, & deed restrictions are available in Transaction Desk or by request. This is your chance to own a slice of nature with so much potential.

Investor Tools

Property Icon
$52,673
Estimated Property Value
$0Estimated Mortgage Balance
$52,673Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$414 /month
Positive
Cash Flow Estimate:
$138 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$84/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$739
$52,673
2025
$52,673
N/A
$824,791
No

Tax History

Year
Tax Paid
Assessed Value
2025
$739
$52,673

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$52,673
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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982 Derstine Rd Lot 1 County Road 378 | Property Details | No Agent List