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$655,000

000 Morgan Road, Italy, TX, 76651

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Discover the perfect setting for your country estate on 59.347 acres of land just outside the city limits of Italy, Texas. Positioned on a rise, this beautiful property offers panoramic views for miles, peaceful surroundings, and the freedom of true rural living. With approximately 1,000 feet of frontage on a public access is excellent. Enjoy the convenience of being less than 10 minutes from I-35E and approximately one hour from Dallas, making this an ideal balance of country living and city access. No city taxes and no HOA.

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,930 /month
Positive
Cash Flow Estimate:
$1,310 /month

Interested in this property?

Laura Friend

CENTURY 21 Judge Fite Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Italy

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000 Morgan Road | Property Details | No Agent List