901 Rose St · Merkel, TX 79536

$57,777

3 bd · 1.0 ba · 1,200 sqft · SingleFamily public records · 194 Days on market

Built 1966 7,000 sqft lot $48/sqft · 59% below area ↓ 15% since listing

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.4/5.0
• Schools +3.2/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Property is being sold strictly as is and priced to reflect the work it still needs. If you’re an investor or a handy buyer who doesn’t mind rolling up your sleeves for some sweat equity, this one’s worth a look. 901 Rose St has plenty of upside for someone willing to handle repairs, updates, and cosmetic cleanup, whether you’re planning a flip, rental, or a budget-friendly place to make your own. Buyer should expect to do repairs and complete their own inspections and due diligence. Seller will not make any repairs or give repair credits. Property sold as is, where is.

Key facts

• 7,000 sq ft lot
• 2 parking spots
• Built 1966

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $58k.

Deal economics

• At list price, monthly cash flow is $516 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $58k).
• Recommended offer: $51k (12.0% below list) — sets the bar for market timing.
• Cap rate 17.0% vs local median 3.3% in Merkel — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 67/100 on livability (#517 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety D+, schools D-, amenities F.
• Merkel ISD (rural): math 37% / reading 39% proficiency, ranked #460 of 826 in TX (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 68 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 508 units permitted in Taylor County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $400 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Taylor County population projected at +16% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $16k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 194 days — a 12% lower offer ($51k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major flood risk; moderate wildfire risk; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $50,843 (12.0% below list)

Questions for the listing agent

1. It's been on market 194 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1966 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.00% ✓
• Cap rate: 17.02%
• Cash-on-cash: 38.30%
• DSCR: 2.70
• GRM: 4.2

CMA / ARV

• ARV (median comp): $139,943
• List price: $57,777
• Delta: -58.71%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1112 S 10th	0.16mi	3/2.0	1,176 (-2%)	16mo	$185,000	$157	72
1002 S 6th	0.30mi	3/2.0	1,289 (+7%)	2mo	$205,000	$159	68
808 Yucca	0.28mi	3/2.0	1,189 (-1%)	21mo	$150,000	$126	64
103 Orange	0.66mi	2/1.0 (-1)	1,263 (+5%)	8mo	$95,000	$75	49
1027 Avondale	0.55mi	3/2.0	1,376 (+15%)	5mo	$215,000	$156	42
702 Avondale	0.65mi	4/1.0 (+1)	1,325 (+10%)	6mo	$170,000	$128	42
9 Palmer	0.67mi	3/1.0	1,025 (-15%)	4mo	$99,900	$97	41
4 Palmer	0.72mi	3/1.0	1,084 (-10%)	17mo	$140,000	$129	36
409 Ash	0.48mi	2/2.0 (-1)	1,094 (-9%)	23mo	$110,000	$101	35
4008 Fm 1235	0.73mi	3/1.0	1,325 (+10%)	24mo	$195,000	$147	29

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 34.4%
• Equity multiple: 2.45×
• Total profit: $23,536
• Equity at exit: $8,615

10-year hold

• IRR: 41.3%
• Equity multiple: 4.89×
• Total profit: $62,899
• Equity at exit: $4,995

Cash invested: $16,178 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 79536

• Home prices YoY: -7.9%
• Active inventory: 68
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $1,154 medium
• Mortgage (P&I): −$303
• Tax from tax record: −$68 /mo · $818/yr
• Insurance: −$24
• HOA: −$0
• Vacancy / Maint / Mgmt: −$242
• Net cashflow: $516

Break-even live

Break-even rent $500

Max offer price $57,777

Occupancy floor 50%

Sensitivity live

Price	-10% $549	-5% $533	+0% $516	+5% $500	+10% $484
Rent	-10% $425	-5% $471	+0% $516	+5% $562	+10% $607
Rate	-1.0pp $545	-0.5pp $531	base $516	+0.5pp $501	+1.0pp $486

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $14,444
• Closing costs: $1,733
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
202 Cherry Merkel, TX	2.0	1.0	1164	$1,095	$0.94	22d	1	0.58mi
306 El Paso Merkel, TX	3.0	1.0	920	$1,200	$1.30	14d	1	0.94mi
405 Thornton Merkel, TX	3.0	1.0	800	$1,250	$1.56	22d	1	1.07mi

Listing history 21 events

1. 2026-06-21
   days on market $57,777 Active 194 DOM
2. 2026-06-19
   days on market $57,777 Active 192 DOM
3. 2026-06-18
   days on market $57,777 Active 191 DOM
4. 2026-06-17
   days on market $57,777 Active 190 DOM
5. 2026-06-16
   days on market $57,777 Active 189 DOM
6. 2026-06-15
   days on market $57,777 Active 188 DOM
7. 2026-06-14
   days on market $57,777 Active 186 DOM
8. 2026-06-13
   days on market $57,777 Active 185 DOM
9. 2026-06-10
   days on market $57,777 Active 183 DOM
10. 2026-06-09
    days on market $57,777 Active 182 DOM
11. 2026-06-08
    days on market $57,777 Active 181 DOM
12. 2026-06-07
    days on market $57,777 Active 180 DOM
13. 2026-06-02
    days on market $57,777 Active 175 DOM
14. 2026-06-01
    days on market $57,777 Active 174 DOM
15. 2026-05-31
    days on market $57,777 Active 173 DOM
16. 2026-05-30
    days on market $57,777 Active 172 DOM
17. 2026-01-28
    price $57,777 600-char remark

    Show marketing remark (600 chars)

    Property is being sold strictly as is and priced to reflect the work it still needs. If you’re an investor or a handy buyer who doesn’t mind rolling up your sleeves for some sweat equity, this one’s worth a look. 901 Rose St has plenty of upside for someone willing to handle repairs, updates, and cosmetic cleanup, whether you’re planning a flip, rental, or a budget-friendly place to make your own. Buyer should expect to do repairs and complete their own inspections and due diligence. Seller will not make any repairs or give repair credits. Property sold as is, where is.

18. 2025-12-25
    price $63,000 600-char remark

    Show marketing remark (600 chars)

    Property is being sold strictly as is and priced to reflect the work it still needs. If you’re an investor or a handy buyer who doesn’t mind rolling up your sleeves for some sweat equity, this one’s worth a look. 901 Rose St has plenty of upside for someone willing to handle repairs, updates, and cosmetic cleanup, whether you’re planning a flip, rental, or a budget-friendly place to make your own. Buyer should expect to do repairs and complete their own inspections and due diligence. Seller will not make any repairs or give repair credits. Property sold as is, where is.

19. 2025-12-09
    listed $68,000 Active 600-char remark

    Show marketing remark (600 chars)

    Property is being sold strictly as is and priced to reflect the work it still needs. If you’re an investor or a handy buyer who doesn’t mind rolling up your sleeves for some sweat equity, this one’s worth a look. 901 Rose St has plenty of upside for someone willing to handle repairs, updates, and cosmetic cleanup, whether you’re planning a flip, rental, or a budget-friendly place to make your own. Buyer should expect to do repairs and complete their own inspections and due diligence. Seller will not make any repairs or give repair credits. Property sold as is, where is.

20. 2023-09-01
    soldstatus
21. 2023-09-01
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $818 · $68/mo
• Projected year-2 tax: $1,057 · $88/mo
• Expected delta: +$239/yr (+$20/mo · 29.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 69% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥105°F today · 21 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 13% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,846
• − Mortgage interest: −$3,236
• − Property taxes: −$818
• − Insurance: −$289
• − Repairs & maintenance: −$1,108
• − Management: −$1,108
• − Depreciation: −$1,681
• Taxable income: $5,607
• Est. tax owed @ 24.0%: −$1,346
• After-tax cash flow: $4,850/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Merkel ISD
• NCES district ID: 4830340
• Math proficiency: 37% ▼ -7.00%
• Reading proficiency: 39% ▼ -2.00%
• Median HH income: $43,594
• Composite: 32.22/100
• National rank: #5774
• State rank: #460 of 826 in TX

Livability — Merkel

• Score: 67/100
• State rank: #517
• US rank: #10181

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment B- Housing A+ Health & safety D+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Merkel, TX
• City population: 6,080
• Population (ZIP): 6,080

Population outlook (Taylor County) Hauer SSP2

• Today (2025): 145,270 people
• By 2030: 150,050 · +3.3%
• By 2040: 159,417 · +9.7%
• By 2050: 168,883 · +16.3%
• By 2075: 194,436 · +33.8%
• By 2100: 203,163 · +39.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Hispanic / Latino 14% Two or more races 7% Black 1%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Italian 3% Slovak 2% Romanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 90% English-only · Spanish 8% Other Indo-European 2%

Political lean MEDSL · Taylor

• 2024 margin: Solid R (+49.8) · D 24.6% · R 74.4% · Other 1.0%
• 2008→2024 swing: -4.2pp toward R · 2008: -45.6pp · 2024: -49.8pp
• All cycles: 2024: R+49.8 2020: R+45.3 2016: R+51.1 2012: R+53.6 2008: R+45.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -17.40%
• Current HPI: 203.6833
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-15.0% since first listed

5 events — show timeline

• 2026-01-28 Price Changed $57,777 HARMLS
• 2025-12-25 Price Changed $63,000 HARMLS
• 2025-12-09 Listed $68,000 HARMLS
• 2023-09-01 Sold (Public Records) — Public Records
• 2023-09-01 Sold (Public Records) — Public Records

Property tax history

+5.2%/yr

Latest (2025): $818 · +10.3% YoY. Source: county tax records.