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$456,000

NAL Estimated Property Value

120 County Road 1539, Morgan, TX, 76671

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,554 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.19 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Microwave, Double Oven
FlooringGranite, Hardwood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2004
Garage Spaces2

Land Information

APNR15018
Lot Number3
Land UseResidential
Legal DescriptionCEDAR SHORES BLOCK U7.1 LOT 3 (S&E S 15 FT) ALL 4-6
Census Tract950300
Assessed Land Value$83,077
Assessed Improvement Value$367,435
Assessment Year2025

About this property

Short Term Rental Opportunity like VRBO, AirBNB, Evolve and Homeaway, An exceptional hilltop water view nestled in the heart of a well-established lake community at Lake Whitney. No HOA fees or city taxes in an inviting open concept design that maximizes space and natural light, boasting 2 primary bedrooms, a large loft area perfect for additional beds that make up a 3rd bedding area. Enjoy sleek granite and bamboo flooring throughout! This layout provides an ideal setting for both relaxing evenings and lively gatherings with family and friends. Generous one-acre lot, offering plenty of room for your recreational vehicles. There’s a porte cochere designed to protect your boat, RV, or ATVs from the elements. Additional storage closets and a garden shed provide even more space for your belongings, ensuring your living area remains clutter-free. With walk-in closets and an abundance of cabinetry, you won’t worry about running out of storage. 2 HVAC systems, and both water heaters were replaced in 2017. Roof is being replaced before closing. Buyer has the opportunity to choose Shingle Color. This means you can move in worry-free, ready to enjoy everything this peaceful haven has to offer just in time for Spring along with a possible discount on your insurance!

Investor Tools

Property Icon
$456,000
Estimated Property Value
$0Estimated Mortgage Balance
$456,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,736 /month
Positive
Cash Flow Estimate:
$912 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$617/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,127
$450,512
2025
$83,077
$367,435
$450,512
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,127
$450,512

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$456,000
100%
0%
$0/mo

City: Morgan

120 County Road 1539 | Property Details | No Agent List