NOT LISTED FOR SALE

509 E Oak St Marfa, TX 79843

Estimated Value: $520,000 - $594,000

1 Bed
0.5 Bath
2,504 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 13, 2023

Current estimated payment $3,661/month

1,153 Days on Market

Highlights

  • High Ceiling
  • Low Maintenance Yard
  • Heating Available
  • No HOA
  • Ceiling Fan

About This Home

As of October 2023

This 2500 Sq Ft Shop has been in operation for years; it has been used commercially, however It is zoned Residential. This property could be converted to a home/studio space. It has two storage buildings; one 528 sq ft building and the other is 168 sq ft. This is a great location it is within walking distance to the city center and the Saint George. The lot size is 14,400 sq feet allowing plenty of room for renovations. High ceilings, vintage wood interior, wood burning stove. Great Location.

Last Agent to Sell the Property

Carol Morrow

Keller Williams Realty - Midland & Odessa License #0638578 Listed on: 07/08/2020

Keller Williams Realty - Midland & Odessa

Last Buyer's Agent

Lindsey Gore

Keller Williams Realty - Midland & Odessa

Keller Williams Realty - Midland & Odessa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1962

Lot Details

  • 0.33 Acre Lot
  • Aluminum or Metal Fence
  • Low Maintenance Yard

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,504 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Free Standing Fireplace

Bedrooms and Bathrooms

  • 1 Bedroom
  • 0.5 Bathroom

Schools

  • Marfa Elementary And Middle School
  • Marfa High School

Utilities

  • No Cooling
  • Heating Available

Community Details

  • No Home Owners Association
  • Marfa Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10837

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,949

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.331
  • Lot Size: 14400 sq ft
  • Lot Size Sq Ft: 14418.36
  • Road Surface Type: Paved
  • Subdivision Name: Marfa
  • Directions: Contact Listing Agent
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Ceiling Fan(s)
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Appliances: Other Water Heater, None
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Free Standing
  • Fireplace: Yes
  • Interior Amenities: High Ceilings
  • Living Area: 2504
  • Dining Room Features: None
  • Master Bathroom Features: None

Exterior Features

  • Fencing: Metal
  • Lot Features: Low Maintenance
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Slab
  • Roof: Metal

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other - See Remarks

Utilities

  • Laundry Features: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other - See Remarks
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Marfa
  • Junior High Dist: Marfa
  • High School: Marfa
  • Middle Or Junior School: Marfa

Green Features

Lot Info

  • Parcel #: 10837
  • ResoLotSizeUnits: SquareFeet

Multi Family

Tax Info

  • Tax Annual Amount: 1949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2010
Sold by
Arredondo Jose M and Arredondo Denoveva M
Bought by
Watts Danny and Maxwell Branwyn
Current Estimated Value
$552,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Watts Danny -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Watts Danny $53,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2023 10/13/23 Sold -- -- --
09/05/2023 09/05/23 Pending -- -- --
08/31/2023 08/31/23 Price Changed $275,000 +37.5% $110 / Sq Ft
08/21/2023 08/21/23 For Sale $200,000 0.0% $80 / Sq Ft
06/01/2023 06/01/23 Off Market -- -- --
05/20/2023 05/20/23 Price Changed $200,000 -11.1% $80 / Sq Ft
05/01/2023 05/01/23 For Sale $225,000 0.0% $90 / Sq Ft
03/31/2023 03/31/23 Off Market -- -- --
01/30/2023 01/30/23 For Sale $225,000 -13.5% $90 / Sq Ft
01/15/2023 01/15/23 Off Market -- -- --
07/08/2020 07/08/20 For Sale $260,000 +44.4% $104 / Sq Ft
05/12/2017 05/12/17 Sold -- -- -- View Prior Sale
03/13/2017 03/13/17 Pending -- -- --
03/12/2017 03/12/17 For Sale $180,000 -- $68 / Sq Ft
Source: Odessa Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,189 $536,330 $141,610 $394,720
2024 $8,598 $536,330 $141,610 $394,720
2023 $7,039 $418,210 $129,430 $288,780
2022 $7,142 $365,700 $107,860 $257,840
2021 $6,847 $321,690 $75,600 $246,090
2020 $6,713 $292,740 $75,600 $217,140
2019 $3,450 $156,830 $41,580 $115,250
2018 $3,181 $134,030 $41,580 $92,450
2017 $4,258 $176,480 $41,580 $134,900
2016 -- $102,860 $25,200 $77,660
2015 -- $112,570 $25,200 $87,370
2014 -- $112,570 $25,200 $87,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Odessa Board of REALTORS®

MLS Number: 119624

APN: 22574