Listing provided courtesy of Sendero Properties, LLC- MLS# 21263238MLS ProviderContact Information: Staci Brodbeck - 325-267-3100

381 N F.m. 707Merkel, TX 79536

Multi-Family · 6 Beds · 1 Full Bath · 1,300 Sq. ft. | 1.00 Acres
$199,000 Active

381 N F.m. 707 Overview

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Looking for a unique investment opportunity with serious income potential? This one of a kind property sits on 1 acre of caliche and is perfectly set up for a workforce housing, Air BnB, Long term Rental, RV setup, hunting retreat, or man camp style rental opportunity. With a functional layout and flexible use options, this property is ready to start producing income immediately. Inside you’ll find approximately 900 sq ft of living space featuring built-in bunk beds for maximizing sleeping capacity, a spacious dining area, full bathroom and a well designed kitchen complete with brand new granite countertops and beautifully stained custom cabinets that add warmth and character throughout the space. The property also includes an additional 400 sq ft storage area, perfect for tools, equipment, ATV storage, workshop space, or future expansion possibilities. The caliche-covered acreage offers ample parking and room for RV hookups, trailers, work trucks, or additional development. Whether you’re searching for a cash-flowing short or long-term rental, oilfield or workforce housing setup, weekend getaway, or multi-use investment property, this place checks all the boxes with rustic charm, functionality, and endless potential.

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381 N F.m. 707 Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,300
  • Price/Sq.ft. $153
  • Lot 1.00 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Merkel ISD
  • Elementary School: Merkel
  • Middle Or Junior School: Merkel
  • High School: Merkel

Building Information

  • Year Built: 2008
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Taylor
  • Postal City: MERKEL
  • Subdivision Name: Walt Kings Sub

Tax Information

  • Tax Annual Amount: 868.0

General Information

  • Disclosures: Municipal Utility District Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 14936
  • Property Sub Type: Apartment
  • Property Type: Residential Income

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 6

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 1300.0

General Information

  • Appliances: Dryer,Dishwasher,Electric Cooktop,Electric Oven,Microwave,Refrigerator,Washer
  • Flooring: Concrete
  • Foundation Details: Slab
  • Interior Features: Granite Counters,Cable TV
  • Levels: One
  • Security Features: Security System Leased,Security System
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Additional Parking,RV Access/Parking
  • Parking Total: 10.0

Lot Information

  • Lot Features: Acreage
  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Square Feet: 43560.0
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Block
  • Roof: Metal

General Information

  • Number Of Units Total: 1
  • Pool Features: None
  • Sewer: Septic Tank
  • Utilities: Septic Available,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: Studio
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

381 N F.m. 707 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

381 N F.m. 707 Market Data

Based on the last 30 days in this zip code

$408,352
Average List Price
$216
Average Price per Square Foot
5
Properties Sold
87
Average Days on Market
36
Properties for Sale
Calculations provided by Reliance Network


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