$285,000
●
House -
Off Market
601 Oak Street
Merkel, TX 79536
3 Beds
2 Baths
1,726 Ft²
$1,400
Est. Monthly
About This Property
This beautifully updated 1945 home in Merkel offers a blend of
character and modern comfort. Featuring 3 bedrooms and 2 bathrooms,
the home showcases original hardwood floors throughout, maintaining
its timeless appeal while providing thoughtful updates. The
property has well water, helping keep utilities affordable.
The backyard is the standout feature-enjoy a beautiful outdoor space complete with a refreshing pool, perfect for relaxing or entertaining. With working sprinkler system in the front and back! Whether you're spending quiet evenings outside or hosting gatherings, this space is designed to be enjoyed. A comfortable layout and inviting atmosphere make this home an ideal fit for small-town living with the features you'll truly appreciate.
A pool table, along with the washer and dryer, are included for added convenience.
The backyard is the standout feature-enjoy a beautiful outdoor space complete with a refreshing pool, perfect for relaxing or entertaining. With working sprinkler system in the front and back! Whether you're spending quiet evenings outside or hosting gatherings, this space is designed to be enjoyed. A comfortable layout and inviting atmosphere make this home an ideal fit for small-town living with the features you'll truly appreciate.
A pool table, along with the washer and dryer, are included for added convenience.
Unit Size
1,726 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$165
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 10 months ago (NTREIS #21103012)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Listed by Coldwell Banker Apex, REALTORS | $285,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| Jun 11, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | Listed by Abilene Group Premier Re. Adv. | $250,000 | |
| Listed by Abilene Group Premier Re. Adv. | |||
| | |||
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Welcome to your west Texas oasis! This beautiful property sits on a third of an acre, protected by large mature oak trees. Upon entering, you will notice the pristine condition that the owners have kept the property in. A cozy living room with hardwood floors that run throughout leads you into a spacious dining room where it would be easy to enjoy a home cooked meal. The large kitchen has a plethora of cabinet space and is perfect for anyone who enjoys hosting. A family-friendly layout offers a primary bedroom, along with two additional bedrooms that share a spacious bathroom. Relaxing after a long day of work would be something along the lines of firing up your grill under the patio, turning on the hot tub , or taking a few dives into the pool. Highlights of the property include a two year old HVAC, totally rewired (breaker box in), a live water well, and a timed irrigation system front and back.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Merkel
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Listed by: Lia VanPelt, Coldwell Banker Apex, REALTORS
Last Updated: 10 months ago
Data Source: NTREIS MLS, MLS# 21103012
Details provided by NTREIS and may not match the public record
Last Updated: 10 months ago
Data Source: NTREIS MLS, MLS# 21103012
Details provided by NTREIS and may not match the public record
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