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321 Merrell Dr, Sulphur Springs, TX, 75482

5beds
3baths
3,395sqft
$350,000
$103price/sqft
$2,675/moest. monthly cost
$107,000/yrincome needed

About This Home

Spacious and versatile, this 3,395 sq. ft. home offers room for everyone with 5 bedrooms, 3 full bathrooms, an office, and a large bonus den area. The flexible floor plan provides multiple living spaces ideal for working from home, entertaining, hobbies, or accommodating a growing household. The two-story layout features generous room sizes throughout, along with recent updates that enhance the home's comfort and appeal. The large living area serves as the heart of the home, while the additional office and bonus room provide endless possibilities for customization. Outside, enjoy a fenced backyard perfect for pets, play, or relaxing evenings, as well as the convenience of a two-car garage. Located in a quiet, established neighborhood, this home offers easy access to schools, shopping, dining, and everyday conveniences, including Walmart just minutes away. If you've been searching for space, flexibility, and value, this home delivers all three.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

7/10
Bowie Elementary SchoolGrades K-30.5 mi
5/10
4/10

Construction

Condition

  • Year built: 1967

Materials

  • Foundation: Slab
  • Roof: Composition

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Range
  • Laundry features: Washer Hookup,Dryer Hookup,Laundry in Utility Room

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • High Speed Internet
  • Flooring: Carpet,Ceramic Tile,Luxury Vinyl Plank
  • Number of fireplaces: 1
  • Fireplace features: Masonry
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 3,395 sqft

Kitchen

  • Level: First
  • Dimensions: 0 x 0

Living Room

  • Features: Ceiling Fan(s),Fireplace
  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: R000007889

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 0.30 Acres

Parking

  • Total spaces: 2
  • Parking features: Driveway,Garage Faces Front
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Hail
Ice Storm
Strong Wind
Heat Wave
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 $1,769$21,228
Home Insurance *$336$4,032
Property Taxes $198$2,376
Electricity $372$4,473
Total$2,675$32,100
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,714/yr
40% on housing$80,250/yr
45% on housing$71,333/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: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$103This listing

vs Other Active Listings

Avg $/sqft

ZIP 75482$155
Hopkins County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 75482$159
Hopkins County$173

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)

Price History

DateEventPrice
2026-08-15Price change$340,000
2026-06-05Listed for sale$350,000
2021-05-10Sold--
2021-04-06Pending sale$210,000
2021-03-30Listed for sale$210,000
2019-04-10Sold--
2019-03-18Listed for sale$188,000
2019-03-18Pending sale$188,000
2019-02-20Price change$188,000
2019-02-08Price change$195,500
2018-12-11Price change$196,000
2018-11-06Price change$196,900
2018-08-15Price change$197,000
2018-07-03Price change$199,900
2018-06-15Listed for sale$210,000
2018-04-23Listing removed$210,000
2018-03-23Listed for sale$210,000
2018-01-03Listing removed$199,999
2017-10-05Price change$199,999
2017-05-15Price change$202,000
2017-01-03Price change$205,000
2016-10-27Listed for sale$210,000
2012-11-27Listing removed$149,900
2012-06-20Price change$149,900
2012-03-21Listed for sale$159,900

For Sale by Agent

AgentKason Childress
BrokerageFreedom Realty

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