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$321,947

NAL Estimated Property Value

996 County Road 410, Merkel, TX, 79536

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,356 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$97.62 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop
FlooringLaminate

Exterior

Lot Size5.94 acres

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces9

Land Information

APNA0523000800
SubdivisionSur 3 D B Corley
Land UseResidential
Legal DescriptionA0523 SUR 3 D B CORLEY, ACRES 5.94, LABEL# TEX0043236/7
Census Tract013602
Assessed Land Value$52,678
Assessed Improvement Value$269,269
Assessment Year2025

About this property

Well maintained spacious home with 3 bedrooms, 2 bath, 2 living rooms on 5.94 acres, 30X40 shop with a slab floor and electric, 12x12 roll up door, 25X40 Horse stall, water well for outdoor use, city water in the home. Geothermal HVAC unit, new roof,new flooring. Home has been retrofitted and has been made real property. All the fencing and gates are new, new paint on the home, large wooden privacy fence, sitting area right outside the back door. Covered front porch. Come take a look at this great home just 15 minutes outside of Abilene, plenty of room for Kids, Dogs and Horses. Merkel School district and new fiber optics available from Taylor Electric. Buyer to verify all measurements and square footage.

Investor Tools

Property Icon
$321,947
Estimated Property Value
$157,943Estimated Mortgage Balance
$164,004Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,520
$321,947
2025
$52,678
$269,269
$321,947
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,520
$321,947

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$176,000
No
First
Jan 7, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,943
$164,004
50%
49%
$1,056/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.

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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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996 County Road 410 | Property Details | No Agent List