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$263,274

NAL Estimated Property Value

137 Morris Ln, West Tawakoni, TX, 75474

$342,256 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,827 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$83.13 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating GasHeating Gas
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesFire Pit
Lot Size24,002 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3268-0090-0010-58
Lot Number1-4
SubdivisionHales Lake Tawakoni Retreat Sec 4
Land UseResidential
Legal DescriptionS3268 HALES LAKE TAWAKONI RETREAT SEC 4 BLK 9 LOT 1-4,7 ACRES .551
Census Tract961600
Assessed Land Value$37,440
Assessed Improvement Value$235,890
Assessment Year2025

About this property

Great Value & Space in West Tawakoni This unique property offers incredible potential with two homes, a corner lot, and .66± acres combined! The main home at 137 Morris Ln has already had big-ticket updates completed, including: • Foundation repair with transferable warranty • Roof replaced in July 2025 • Fresh interior paint throughout • New carpet installed • Water heater (2021) Inside, you’ll find a garage workshop or storage space and an additional room with a built-in storm cellar for peace of mind. The property also includes: • A separate corner lot with its own parcel ID • A second home at 125 Morris Ln – ready for your vision! Renovate for added value, use as a guest house, or remove it for more yard space. Sold AS-IS, this is your chance to make it your own. With so much land and potential, this package is a rare find. Utilities are currently off and house is winterized. Do not use toilets, water is off at meter. Bring your imagination and unlock the possibilities!

Investor Tools

Property Icon
$263,274
Estimated Property Value
$0Estimated Mortgage Balance
$263,274Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$342,256
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,580 /month
Positive
Cash Flow Estimate:
$527 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,165
$263,274
2025
$37,440
$235,890
$273,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,165
$263,274

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$263,274
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: West Tawakoni

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137 Morris Ln | Property Details | No Agent List