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$233,050

TBD FM 605, Merkel, TX, 79536

Off MarketInfo
Baths0 Bath

About this property

Do you dream of owning your own part of Texas? This 79-acre tract of improved land is now available and could be the perfect opportunity. The land is currently under ag exemption and is located just west of the community of Stith, Texas. Secure and well-maintained fence surrounds the entire property, ensuring peace of mind and safety for your livestock. Coop water meter is on the southeast corner of property but would need to have updated service. There are three wells on the property, though none of the wells have pumps. Seller cannot guarantee water well production, but with access to coop water also, wells already drilled are a win win. They are ready to be utilized as you see the need. Whether you are looking to start a small farm, create a homestead or invest in your own slice of Texas, this land offers unlimited potential.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /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 FM 605 | Property Details | No Agent List