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Merkel 79536
705 Ash Street
Photo of 705 Ash Street

1

Map

$285,000
● House - For Sale

705 Ash Street

Merkel, TX 79536
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,950 Ft²
$1,400
Est. Monthly

About This Property

Seller Agent, Discover a spacious and welcoming home in the heart of Merkel. This fully renovated home provides amble room for entertaining, guest bedrooms, and close proximity to local schools and shops. Meticulous work has been completed including new roof, windows, siding, electrical, hvac, plumbing, and interior. Walking into the foyer gives peace and serenity for guests while the granite kitchen bar ties into the spacious living room. This construction is projected to be complete September 2026
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$146
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940

Listed By

Jacob Smith
[email protected]
Brooks & Morgan Real Estate

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (NTREIS #21345228)

Price History

Date / Event Date Event Price
Jul 29, 2026 Listed by Coldwell Banker Apex, REALTORS $285,000
Listed by Coldwell Banker Apex, REALTORS

Property Highlights

Air Conditioning
Parking Details
Parking Features: Driveway
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, High Speed Internet, Cable TV Available
Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
Exterior Details
Square Footage: 1950
Architectural Style: Traditional
Year Built: 1940
Levels: One
Construction Materials: Siding
Lot Size Area: 0.161
Lot Size Units: Acres
Lot Size Acres: 0.161
Lot Size Square Feet: 7013.16
Tax Lot: S50
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 17
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,950
  • Gross Building Area: 1,950
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHNSON-MERKEL
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: JOHNSON-MERKEL, BLOCK 62, LOT S50 NW QTR

Neighborhood

  • School District Name: Merkel Independent School District
  • Census Tract: 013601

Geography

  • Parcel: 50522
  • Block: 62
  • Lot: S50
  • Municipality: MERKEL
  • Latitude: 32.4637
  • Longitude: -100.017

    Address

  • Full Address: 705 Ash
  • Address - House Number: 705
  • Address - Street Name: Ash
  • State: TX
  • City Name: Merkel
  • Carrier Code: C002
  • 4-Digit Zip Code: 6205
  • Zip Code: 79536

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $140,854
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: SME

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 69
  • Final Value: 167,495
  • High Value: 204,465
  • Low Value: 130,524

    Market Valuation

  • Market Total Value: $71,539
  • Market Land Value: $1,400
  • Market Improvement Value: $70,139

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,539
  • Assessed Land Value: $1,400
  • Assessed Improvements Value: $70,139
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Merkel

Stats & Trends

Median Asking:

$209,900

Sale Price/ft²

$142

Below Asking

0.03%

Average Days on Market

66

Average Home Size

1647 ft²

Average Home Age

20.1 years

Currently For Sale

27 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4 Carson Circle, Merkel, TX, 79536

$1,995 /mo

  • 4 Beds
  • 1 Bath
  • 1,325 ft²
4 Carson Circle, Merkel, TX, 79536 Listing by Judy Crosson
Unit for rent at 134 High Cotton Parkway, Merkel, TX, 79536

$1,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,456 ft²
134 High Cotton Parkway, Merkel, TX, 79536 Listing by Judy Crosson

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jacob Smith, Coldwell Banker Apex, REALTORS
Last Updated: 4 months ago
Data Source: NTREIS MLS, MLS# 21345228
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 705 Ash Street built and last sold?
The property at 705 Ash Street was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 705 Ash Street is $288,924.
What are some comparable homes to 705 Ash Street?
There are currently no comparable homes to 705 Ash Street.
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