109 Merken Road
About This Property
Discover an oversized primary bedroom with a luxurious library/office, perfect for unwinding or working from home. Built-in bookshelves add elegance and storage options throughout the home. The gourmet kitchen features gleaming granite countertops and plenty of cabinet space, while laminate and hardwood floors flow seamlessly.
This home holds a piece of Engle's history. It is believed to have been built by The Gallias, the original owners of the I. J. Gallia General Store and Post Office in the early 1900s. Located at 109 Merken Street in downtown Engle between Schulenburg and Flatonia. Outside, there is a nice storage shed and covered parking for your vehicle or boat.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Listed by Bubela Real Estate | $379,000 | |
| Listed by Bubela Real Estate | |||
| | |||
|
Welcome to a piece of history in the charming town of Engle, TX. Nestled just off Hwy 90, this 1.5-story milled lumber home offers a peaceful retreat from the hustle and bustle of everyday life. Situated on a spacious 1.169-acre lot, the property boasts a full privacy-fenced yard, a gated entry, and beautiful oak trees that provide ample shade.
Step inside to discover an oversized primary bedroom with a luxurious library/office, perfect for unwinding or working from home. Built-in bookshelves add elegance and storage options throughout the home. The gourmet kitchen features gleaming granite countertops and plenty of cabinet space, while laminate and hardwood floors flow seamlessly throughout.
This home holds a piece of Engle's history, believed to be built by The Gallia's, original owners of the I. J. Gallia General Store and Post Office in the early 1900s. Located at 109 Merken Street in downtown Engle between Schulenburg and Flatonia, this 2 bed, 2 bath home offers 2072 sq. ft. of living space. Outside, there is a nice storage shed and covered parking for your vehicles or boat.
Don't miss the opportunity to own a piece of Engle's rich history while enjoying modern comforts in this charming home.
| |||
| Jun 7, 2024 | Price Increased |
$415,000
↑ $36K
(9.5%) | |
| Price Increased | |||
| Apr 25, 2024 | Listed by Bubela Real Estate | $379,000 | |
| Listed by Bubela Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017