381 N F M 707

Merkel, TX 79536

$199,000
Price
6
Beds
1,300 Sq. Ft.
$153 / Sq. Ft.
1,300
Sq. Ft.
$153
per Sq. Ft.
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Description

Looking for a unique investment opportunity with serious income potential? This one of a kind property sits on 1 acre of caliche and is perfectly set up for a workforce housing, Air BnB, Long term Rental, RV setup, hunting retreat, or man camp style rental opportunity. With a functional layout and flexible use options, this property is ready to start producing income immediately. Inside you’ll find approximately 900 sq ft of living space featuring built-in bunk beds for maximizing sleeping capacity,...Looking for a unique investment opportunity with serious income potential? This one of a kind property sits on 1 acre of caliche and is perfectly set up for a workforce housing, Air BnB, Long term Rental, RV setup, hunting retreat, or man camp style rental opportunity. With a functional layout and flexible use options, this property is ready to start producing income immediately. Inside you’ll find approximately 900 sq ft of living space featuring built-in bunk beds for maximizing sleeping capacity, a spacious dining area, full bathroom and a well designed kitchen complete with brand new granite countertops and beautifully stained custom cabinets that add warmth and character throughout the space. The property also includes an additional 400 sq ft storage area, perfect for tools, equipment, ATV storage, workshop space, or future expansion possibilities. The caliche-covered acreage offers ample parking and room for RV hookups, trailers, work trucks, or additional development. Whether you’re searching for a cash-flowing short or long-term rental, oilfield or workforce housing setup, weekend getaway, or multi-use investment property, this place checks all the boxes with rustic charm, functionality, and endless potential.
  1. Listed by Staci Brodbeck • TREC #0692237 • Sendero Properties, LLC • 325-267-3100

Property Details for 381 North F M 707

Subdivision Name
Walt Kings Sub
Pool
No
Garage Spaces
1
Number Of Parking Spaces
10
LISTING UPDATED: 06/16/2026 12:47 PM

Property Details for 381 North F M 707

StatusActive
MLS #21263238
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Apartment/5Plex+
Year Built2008
Lot Size1.00 AC / 43,560 SF
CountyTaylor County
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Location

Listing Courtesy of Sendero Properties, LLC, Staci Brodbeck
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Building Information for 381 North F M 707

Stories1Residences1Year Built2008Building Size-Lot Size1.00 AC / 43,560 SF

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$992 per month

30 year fixed, 6.36% Interest

Principal and Interest

$992

Property Taxes

$0

HOA Dues

$0

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Property Information for 381 North F M 707

Summary
Location and General Information
  • Complex Name: NA
  • Directions: Head West on I-20 and travel until the Exit for Flying J Truck Stop in Tye. Travel down N Fm 707 for about 3 miles and the Bunkhouse is on your right.
  • Elementary School: Merkel
  • Elementary School Name: Merkel
  • High School: Merkel
  • High School Name: Merkel
  • Middle School: Merkel
  • Year Built Details: Preowned
  • School District: Merkel ISD
  • Geocode Confidence: High
  • Latitude: 32.51
  • Longitude: -99.89
  • State: Texas
Parking
  • Parking Features: Additional Parking, RV Access/Parking
  • Attached Garage: Yes
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: WALT KINGS SUBD SUR 135 DAVID T BRUCE, LOT 28
  • Association Type: None
  • Tax Lot: 28
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Concrete
  • Heating: Electric
  • Interior Features: Cable TV Available, Granite Counters
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
  • Cooling: Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Block
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Metal
  • Waterfront: No
  • Number Of Units Total: 1
  • Levels: One
Property
Utilities
  • Utilities: City Water, Septic
Property and Assessments
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Security System, Security System Leased
  • Property Match: APN
Lot Information
  • Lot Features: Acreage
  • Lot Size: .5 to < 1 Acre
  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 43560.0
  • Multi Parcel ID: No
  • Parcel Number: 14936
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Insurance Expense: $0
  • Net Operation Income: $.00
Unit 1
  • Approximate SQFT: 900.0
  • Average Lease Amount: $.00
  • Living Area Length: 23.0
  • Living Area Width: 25.0
  • Number Of Baths Full: 1
  • Unit Type Type: Studio
  • Unit Type Units Total: 1

Property History for 381 North F M 707

DateEvent & SourcePriceAppreciation
Jun 16, 2026

Price Change

NTREIS #21263238

$199,000—
Jun 9, 2026

Price Change

NTREIS #21263238

$224,900—
May 18, 2026

Price Change

NTREIS #21263238

$269,500—
DateEvent & SourcePrice
06/16/2026

Price Change

NTREIS #21263238

$199,000
06/09/2026

Price Change

NTREIS #21263238

$224,900
05/18/2026

Price Change

NTREIS #21263238

$269,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 381 North F M 707

This home is within Merkel Independent School District.
Rating
School
Type
Grades
Distance
Merkel Elementary School
Public - PK to 5
Merkel Middle
Public - 6 to 8
Merkel High School
Public - 9 to 12
Rating
School
Distance
Merkel Elementary School
PublicPK to 5

Merkel Middle
Public6 to 8

Merkel High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 381 North F M 707, Merkel, TX 79536

381 North F M 707 is a multi-family home for sale in Merkel, TX 79536. This property was listed for sale on May 7, 2026 by Sendero Properties, LLC, it's currently listed at $199,000. This listing's school district is Merkel Independent School District. Nearby schools include Merkel Elementary School, Merkel Middle and Merkel High School. 381 North F M 707 is a 6-bed, 1-bath, 1,300 sqft multi-family home built in 2008.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sendero Properties, LLC, Staci Brodbeck

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass and its related brokerages. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 06/16/2026 12:47 PM