$3,147
closing credit¹
507 Oak Merkel, TX 79536
Property details
About 507 Oak
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.
Highlights
Virtual tour
Summary
- MLS Number: 20842686
- MLS Name: NTR
- Office Name: RE/MAX Big Country
- Office Phone: (325) 750-6188
- Listing Agent: Romona Brogan
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 2/13/2025, 9:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$265,000
507 Oak
$3,147
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $29,432 | $579 |
| 2022 | $27,730 | $618 |
| 2021 | $24,525 | $545 |
| 2020 | $22,296 | $545 |
| 2019 | $21,308 | $533 |
| 2018 | $21,124 | $533 |
| 2017 | $20,531 | $531 |
History based on county public records data.
Nearby schools
6
Merkel Elementary School
Public District PK-5
0.4 mi
•1512 Sth 5th
6
Dyess Elementary School
Public District KG-5
12.1 mi
•402 Delaware Rd
3
Bassetti Elementary School
Public District KG-5
13.1 mi
•5749 US Highway 277 S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,855. Residents of Merkel, TX typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Monster Trucks
NASCAR
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
Chevrolet
GMC
What do the neighbors listen to?
Classic Country- Country
New Country
Frequently asked questions
About 507 Oak
This home is located at 507 Oak in Merkel, TX and zip code 79536. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 12, 2025 and is currently priced at $265,000.
Between December and January 2025, Merkel, TX real estate market has seen no change in the number of listings . While the average time on the market in January 2025 was 89 days, the median list price was $197,000.