Date
Details
Price
Change
Source
5/07/2026
Listed
$299,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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, 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.
Full Property Details
Full Property Details for 381 N F M 707
General
- Price: $299,500
- Taxes: $868
- Status: Active
- Type: Apartment
- Source: NTREIS
- MLS ID: 21263238
- Updated: 5/7/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Granite Counters, Cable TV
- Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Additional Information
- Security/Safety: Security System Leased, Security System
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Total Spaces: 10
- Parking Features: Additional Parking, RV Access/Parking
Location
- County: Taylor
- Subdivision: Walt Kings Sub
- Driving 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.
School Information
- Elem School District: Merkel ISD
- Midd School District: Merkel ISD
- High School District: Merkel ISD
- Elementary School: Merkel
- Middle School: Merkel
- High School: Merkel
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Septic Available, Water Available, Cable Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Block
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 1,300
- Sq. Ft. Source: Assessor
- Year Built: 2008
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Features: Acreage
Financial Considerations
- Tax Amount: $868
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: WALT KINGS SUBD SUR 135 DAVID T BRUCE, LOT 28
- Disclosures/Rstr.: Municipal Utility District Disclosure
- Property ID: 14936
- Lot Number: 28
Listed by Sendero Properties, LLC, Staci Brodbeck
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Listing agent
— 381 N F M 707 —
Staci Brodbeck
Sendero Properties, LLC
325-267-3100
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 381 N F M 707
School District:Merkel Independent School District
| Name | Grades | Distance |
|---|---|---|
Merkel Elementary School 1602 South 5th Street, Merkel, TX 79536 | PK-5 | 8.3 mi |
Merkel Middle 302 Ash Street, Merkel, TX 79536 | 6-8 | 8.1 mi |
Merkel High School 2000 South 7th Street, Merkel, TX 79536 | 9-12 | 8.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 381 N F M 707
Tax History
Tax History for 381 N F M 707
Year
Property Taxes
Change
Tax Assessment
Change
2025
$197
-1%
$14,018
—
2023
$198
-6%
$14,029
9%
2022
$211
-3%
$12,894
5%
2021
$218
-2%
$12,333
—
2020
$222
-5%
$12,374
—
2018
$233
2%
$12,408
2%
2017
$229
4%
$12,161
—
2016
$221
-2%
$12,161
-2%
2019
$225
1%
$12,365
2%
2015
$223
19%
$12,161
—
2013
$187
—
$12,161
1%
2013
$187
—
$11,989
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 381 N F M 707
381 N F.M. 707, Merkel, TX 79536 (MLS# 21263238) is a Apartment property with 6 bedrooms and 1 full bathroom. 381 N F.M. 707 is currently listed for $299,500 and was received on May 07, 2026. Want to learn more about 381 N F.M. 707? Do you have questions about finding other Apartment real estate for sale in Merkel? You can browse all Merkel real estate or contact a Coldwell Banker agent to request more information.