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$223,000

107 County Road 1515, Morgan, TX, 76671

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$71.55 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Electric Range, Refrigerator
FlooringCeramic Tile, Wood, Other

Exterior

Lot Size17,163 sqft

Building Information

Year Built1968

Land Information

APNR13346
Lot Number28-30
Land UseResidential
Legal DescriptionCEDAR SHORES BLOCK U5 LOT 28-30
Census Tract950300
Assessed Land Value$30,463
Assessed Improvement Value$154,957
Assessment Year2025

About this property

Covered under American Home Shield Warranty since 2016, Fisherman’s paradise!Great Lake house nestled among the wildlife & beautifully trees, located in Cedar Shores, 4 bedrooms with Master split, two updated baths, living area, kitchen with breakfast nook, wonderful windows throughout, built in hutch, original wooden floors, oversized lot, oversized storage or workshop for storing kayaks, off road terrain vehichels & much more. This home is furnished, including beds with Lienens, dressers, TVs, washer, dryer, two refrigerator & much more.private cove, boat ramp, pot luck dinner once a month, a perfect place for family, friends & entertaining. Fish Lake Whitney, drive to private cove.Turn key lake house “AS IS”

Investor Tools

Property Icon
$223,000
Estimated Property Value
$0Estimated Mortgage Balance
$223,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$133/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$485
$185,420
2025
$30,463
$154,957
$185,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$485
$185,420

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$223,000
100%
0%
$0/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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107 County Road 1515 | Property Details | No Agent List