507 OAK, MERKEL, TX 79536
Homes for sale in Gordonville.
Homes for sale in 76245.
507 Oak
Merkel, TX 79536
List Price$265,000
Listing #20842686
About This Property
INVESTOR SPECIAL in Merkel, Texas - 5 home package to be sold as is. 202 Cherry, 407 Orange, 212 Orange, 205 Rose, and 507 Oak. Four of the five properties are currently leased. Total of $3,300 income per month with current tenants. Per seller: 507 Oak has had the same tenant for over 10 years, no updates. 407 Orange is vacant, has been leveled but no other work done on it. The other three properties have had some cosmetic work, varies by property, and are all tenant occupied. 205 Rose just signed a 12-month lease. The other three occupied homes are on month to month. Square footage listed is the sum total of all five units. Lot size, age, and SF of each unit varies, see Exhibit A uploaded with listing for details on each property. Buyer and buyer's agent is to verify all measurement's, taxes, school district, and other information regarding the property.
Property Features
Location Information
County
Taylor
Subdivision
Varies
Interior Features
Interior
High Speed Internet
Cooling
Other
Full Baths
6
Floors
Laminate, Luxury Vinyl, Luxury VinylPlank, Other
Has Fireplace
No
Appliances
Electric Range, Electric Water Heater, Gas Range, Gas Water Heater
Heating
Other
Total Number of Units
5
Exterior Features
Stories
1
Fencing
Chain Link, Wood, Wire
Construction
Other
Pool Description
None
Foundation
Pillar/Post/Pier, Slab
Lot Size in Acres
0.22
Roof
Composition, Other, Shingle
Lot Size in Sq. Ft.
9,583
Water / Sewer
Sewer Available, Water Available
Buildings
5
Utilities
Sewer Available, Water Available
Building Total Area (Sq. Ft.)
5,235
Parking Description
Attached Carport, No Garage, Off Street
Is One Story
Yes
School
Elementary School District
Merkel ISD
Jr. High School
Merkel
Elementary School
Merkel
High School
Merkel
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
RI
Has a Home Owners Association
No
Year Built
1934
Exclusions
All tenant possessions.
Mortgage Calculator
$1,235
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$954
Monthly Tax
$220
Monthly Insurance
$61
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Romona Brogan, RE/MAX Big Country
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NTREIS - North Texas data last updated at April 3, 2025, 11:52 AM CT
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