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$160,000

NAL Estimated Property Value

TBd County Road 360, Merkel, TX, 79536

Off MarketInfo
Baths0 Bath
RanchRanch

About this property

Attention nature lovers and investors! Here's your chance to own 15.97 acres of unimproved land in the stunning Mulberry Canyon area. This piece of property offers breathtaking views of the canyon and is perfect for those looking for a peaceful retreat away from the hustle and bustle of the city. Imagine waking up every morning to the sound of birds chirping and the cool breeze blowing through the trees. The possibilities are endless with this blank canvas of land. Build your dream home, create a vacation rental, or keep it as a long-term investment. The location is perfect for hiking, camping, and all types of outdoor recreation. Don't miss out on this rare opportunity to own a piece of natural paradise! Contact us today to schedule a viewing.

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

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

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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TBd County Road 360 | Property Details | No Agent List