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701 Cherry St Unit 1-11, Merkel, TX 79536
About this home
2 story apts. all units face front, west. storage rental units are be- hind apts. Good opportunity for income. Has been ignored recently. A- is small apt Others are alike with 2 bedrooms. Some deferred maintenance Present tenants pay $325 for 2 bedrooms, Fixed up units now leasing at $395.mo. Roof, walkway, parking paving was all done this year or 2010. History of 1.5 vacancies until this year.
Redfin Estimate
Market trends in 79536, TX
Last updated September 2026
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Provided by Redfin
Sale history for 701 Cherry St Unit 1-11
$19/sq ft
Tax history for 701 Cherry St Unit 1-11
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking & Garage
- # of Parking Spaces: 11
- Front, Unassigned Spaces, Uncovered
Interior
- Room Information
- # of Rooms: 2
- Room 1 Information
- Room Type: Kitchen
- Features: Galley Kitchen
- Room 2 Information
- Room Type: Utility Room
- Interior Features
- Other (See Remarks)
- Flooring: Carpet, Vinyl
- Heating & Cooling
- Central A/C (Electric), Central Heat (Electric)
Exterior
- Building Information
- Pre-Owned
- # of Buildings: 2
- Building Area Source: Tax
- Foundation: Slab
- Exterior Features
- Storage Building
- Roof: Composition
- Exterior Construction: Brick, Siding
- Property Information
- Tenancy: 9 Months or Less, No Sublease, No Waterbeds, Pet Restrictions
- Property Features
- # of Stories: 2
- Dishwasher, Disposal, Range/Oven (Electric)
- Lot Information
- Block: L
- Lot Number: 10
- Features: Corner, Undivided
- Lot Size Units: Acres
- Area: 0.482
- Area Sq. Ft.: 20,995.92
- Lot Size Dimensions: 150 x 140
- Parcel Number: S0750006900
Financial
- Tax Information
- Tax Legal Description: Boyce Of Merkel, Block L, Lot
- Unexempt Taxes: $3,415
- Financial Information
- Financing Proposed: Cash, Conventional, Owner Carry First
Utilities
- Utility Information
- Asphalt, City Sewer, City Water, Master Water Meter
- Municipal Utility District
- Green Features
- Ceiling Fans
Location
- Multi-Unit Information
- # of Units: 11
- # of Units: 4
- Capitalization Rate: 10.93
- Gross Annual Income: $19,500
- Gross Income Multiplier: 7.41
- Net Annual Income: $15,800
- Occupancy Rate: 50
- Total Annual Expenses Include: Common Area, Insurance, Lawn Care, Maintenance, Management, Other (See Remarks), Taxes
- Community Information
- Laundry Area
- Unit Type 1 Information
- Sq. Ft.: 325
- # of Baths (Full): 1
- # of Bedrooms: 1
- Master Bedroom Dimensions: 10
- Master Bedroom Width: 10
- Dining Area Dimensions:
- Kitchen Dimensions: 5
- Kitchen Width: 12
- Living Area Dimensions: 9
- Living Area Width: 7
- Lease: 250
- Unit 2 Information
- Sq. Ft.: 650
- # of Baths (Full): 1
- # of Bedrooms: 2
- Master Bedroom Dimensions: 12
- Master Bedroom Width: 10
- Dining Area Dimensions: 6
- Dining Area Width: 6
- Kitchen Dimensions: 9
- Kitchen Width: 6
- Living Area Dimensions: 14
- Living Area Width: 10
- Lease: 325
- # of Units: 10
- Unit 3 Information
- Sq. Ft.: 650
- # of Baths (Full): 1
- # of Bedrooms: 2
- Master Bedroom Dimensions: 12
- Master Bedroom Width: 10
- Dining Area Dimensions: 6
- Dining Area Width: 6
- Kitchen Dimensions: 9
- Kitchen Width: 6
- Living Area Dimensions: 14
- Living Area Width: 10
- Lease: 325
- # of Units: 10
- Unit 4 Information
- Sq. Ft.: 650
- # of Baths (Full): 1
- # of Bedrooms: 2
- Master Bedroom Dimensions: 12
- Master Bedroom Width: 10
- Dining Area Dimensions: 6
- Dining Area Width: 6
- Kitchen Dimensions: 9
- Kitchen Width: 6
- Living Area Dimensions: 14
- Living Area Width: 10
- Lease: 325
- # of Units: 10
- School Information
- Elementary School Name: Merkel
- Intermediate School Name: Merkel
- Middle School Name: Merkel
- High School Name: Merkel
- School District: Merkel ISD
- Location Information
- Subdivision Name: Boyce
- Complex Name: Cherry St. Apts.
- Directions: go into Merkel on I-20 from the East - use first exit; go under I-20 and W. on n. 1ST. Cherry St
- Map Book: Other (See Remarks)
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 7,540
- Stories: 2.0
- Lot Size: 0.48 acres
- Style: Other
- Year Built: 1983
- Year Renovated: —
- County: Taylor County
- APN: 000000036914
Around this home
Schools
Public PreK-5 • Assigned • 0.6mi
Public 6-8 • Assigned • 0.5mi
Public 9-12 • Assigned • 0.9mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.62% chance of being in a wildfire in next 30 years
4 days above 105° expected this year, 14 days in 30 years
13% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
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Home values near 701 Cherry St Unit 1-11
| Address | Redfin Estimate |
|---|---|
- Beds | 1 Baths | 720 Sq. Ft. | $77,462 |
- Beds | 1 Baths | 1194 Sq. Ft. | $115,747 |
| Address | Redfin Estimate |
|---|---|
- Beds | 1 Baths | 520 Sq. Ft. | $77,786 |
- Beds | 1 Baths | 824 Sq. Ft. | $71,059 |
| Address | Redfin Estimate |
|---|---|
- Beds | 1 Baths | 1140 Sq. Ft. | $98,499 |
- Beds | 2 Baths | 1192 Sq. Ft. | $89,616 |
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