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$368,126

NAL Estimated Property Value

12155 Fm 56, Morgan, TX, 76689

Off MarketInfo
Baths0 Bath
Baths1,624 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size9.72 acres

Building Information

Year Built2024

Land Information

APNR24623
Land UseAgriculture / Farming
Legal DescriptionABST A0004 FISHER, W
Census Tract950300
Assessed Land Value$141,543
Assessed Improvement Value$226,583
Assessment Year2025

About this property

DON'T MISS OUT.......**$5000 towards closing cost** Escape to your own Oasis - 9.72 Acres The property is Located off FM 56 with a private gate entrance in the front and an entrance in the back. The property has allot of trees but some parts have been cleared. Gravel road, new Well House with a Wash House that already has Washer and Dryer connections, and a beautiful Outdoor bar made out of Cedar. This Property comes with a 2018 Fun Finder RV, 31 FT Bunkhouse with an outdoor kitchen, and a 2000 Prowler CT RV. Both have nice wooden decks attached to them where you can watch the beautiful deer or just relax and enjoy the outside. You can also enjoy the peacefulness while swinging on your beautiful wooden swing. This Property has 2 Electric meters, a 32 FT Storage Container and a well. It’s very Quiet and offers allot of of privacy. Minutes from Steele Creek Park and Lakeside Village at Lake Whitney.

Investor Tools

Property Icon
$368,126
Estimated Property Value
$0Estimated Mortgage Balance
$368,126Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,209 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$422/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,222
$368,126
2025
$141,543
$226,583
$368,126
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,222
$368,126

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$368,126
100%
0%
$0/mo

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: Morgan

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12155 Fm 56 | Property Details | No Agent List