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512 Park St, Marlin, TX, 76661

2beds
1baths
828sqft
$38,000
$46price/sqft
$628/moest. monthly cost
$25,120/yrincome needed

About This Home

Don't miss this great investment opportunity on a corner lot in Marlin, TX! This property features an incomplete 2-bedroom, 1-bathroom home with approximately 822 sqft (per FCAD). The current owner began renovations, including the installation of new windows and other repairs, giving you a head start on completing this charming home. Whether you're looking for a personal project, rental property, or a potential flip, this home offers plenty of upside in a quiet, developing area. Bring your vision and make it your next successful investment! No Survey available.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

4/10
Marlin Elementary SchoolGrades PK-50.9 mi
--
Success AcademyGrades 0.9 mi
2/10
Marlin High SchoolGrades 9-120.9 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other

Interior Area

  • Total interior livable area: 828 sqft

Kitchen

  • Level: First
  • Dimensions: 12 x 12

Master Bedroom

  • Level: First
  • Dimensions: 11 x 11

Other

  • Level: First
  • Dimensions: 6 x 9

Property

Details

  • Parcel number: 32219

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 7,492 sqft

Parking

  • Parking features: Outside,Unpaved

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Tornado
Cold Wave
Hail
Heat Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $192$2,304
Home Insurance *$120$1,440
Property Taxes $78$936
Electricity $238$2,859
Total$628$7,536
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$21,531/yr
40% on housing$18,840/yr
45% on housing$16,746/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.2%
5.2%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$46This listing

vs Other Active Listings

Avg $/sqft

ZIP 76661$70
Falls County$183

vs Homes Sold Last Month

Median $/sqft

ZIP 76661$50
Falls County$42

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-10Listed for sale$40,000
2025-11-01Listing removed$45,000
2025-09-03Listed for sale$45,000
2022-12-28Sold--
2022-12-12Pending sale$39,000
2022-10-18Listed for sale$39,000

For Sale by Agent

AgentJoel Miranda Ortiz
BrokerageAll City Real Estate, Ltd Co

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