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$195,000

106 County Road 1305, Morgan, TX, 76671

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,232 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.75 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Electric Water Heater
FlooringVinyl

Exterior

Exterior FeaturesStorage

Building Information

Year Built1996

Land Information

APNR27471
Lot Number8-12
Land UseResidential
Legal DescriptionTRIANGLE VLG BLOCK 3 LOT 8-12 1996 FLEETWOOD HMS OF TX GREEN HILL 28X44
Census Tract950300
Assessed Land Value$94,664
Assessed Improvement Value$66,117
Assessment Year2025

About this property

Welcome to this beautiful manufactured home in a rural area close to Lake Whitney. This immaculately maintained property offers the perfect blend of comfort and functionality. The open floor plan seamlessly connects the living, dining, and kitchen areas, providing ample space for relaxation. The bedrooms provide comfort and privacy. The primary bedroom boasts a en-suite bathroom with a garden tub and walk-in shower. The guest bedrooms feature ample closet space. This property also has a shop and RV port. The shop is perfect for those who love to work on their projects. The covered porch is the perfect spot to relax and enjoy the surroundings. Located in a quiet and peaceful community, this manufactured home is the perfect retreat for those looking for a serene and tranquil living experience. Don't miss out on this rare opportunity to own a beautiful property close to the lake with all the amenities you need for comfortable living.

Investor Tools

Property Icon
$195,000
Estimated Property Value
$118,800Estimated Mortgage Balance
$82,735Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$142/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$733
$160,781
2025
$94,664
$66,117
$160,781
No

Tax History

Year
Tax Paid
Assessed Value
2025
$733
$160,781

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$118,800
No
First
May 5, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,265
$82,735
42%
58%
$713/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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: Morgan

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106 County Road 1305 | Property Details | No Agent List