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$638,000

116 Morgan Meadows Dr, Weatherford, TX, 76087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,331 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$257.36 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesWater Softener
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size2.18 acres

Building Information

Year Built2019
Stories2
Garage Spaces2

Land Information

APN15281-001-012-00
Lot Number12
SubdivisionMorgan Meadows Addition
Land UseResidential
Legal DescriptionACRES: 2.180 LOT: 12 BLK: 1 SUBD: MORGAN MEADOWS ADDITION
Census Tract140603
Assessed Land Value$125,000
Assessed Improvement Value$452,760
Assessment Year2025

About this property

Do the warm spring days have you thinking about the hot days of summer? Whether you are dreaming of floating in the pool, need a place to keep your -LAKE TOYS- or would like to sit and watch the sunset 116 Morgan Meadows is the perfect package deal! This magazine worthy home will please the most meticulous buyer. Crisp white interior with rich hand-scraped wood floors, vaulted ceilings and tons of natural light give the most inviting feeling as you enter - WELCOME HOME! Just when you think it can't get better, the sparkling pool catches your eye and just down below outside of the wrought iron fenced yard is the SHOP with the most awesome covered porch - the perfect setting to watch the sunset and wildlife roam. Enjoy the shade of the mature trees and when permitted the warmth of an open fire. The back of the property has a beautiful creek that backs up to spacious undeveloped land creating a peaceful country atmosphere. 2 horses are allowed on this lot.

Investor Tools

Property Icon
$638,000
Estimated Property Value
$552,595Estimated Mortgage Balance
$95,136Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,828 /month
Positive
Cash Flow Estimate:
$1,276 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$969/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$577,760
2025
$125,000
$452,760
$577,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$577,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$552,595
No
First
May 15, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$542,864
$95,136
14%
85%
$3,314/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: Weatherford

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116 Morgan Meadows Dr | Property Details | No Agent List