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$255,000

141 County Road 1288, Morgan, TX, 76671

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$189.73 / sqft
Year BuiltBuilt in 1995

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Dryer, Refrigerator, Washer
FlooringCarpet

Building Information

Year Built1995
Garage Spaces2

Land Information

APNR16331
Lot Number2
Land UseResidential
Legal DescriptionMOONEY VLG HIGHLAND PK BLOCK 4 LOT 2 1995 PALM HARBOR HOMES TIMBERCREEK 28X48
Census Tract950300
Assessed Land Value$59,040
Assessed Improvement Value$70,347
Assessment Year2025

About this property

Discover your own slice of Lake Whitney living at 141 County Road 1288, Morgan, Texas, a charming and move in ready property offering comfort, privacy, and a recreational lifestyle just moments from the water. Situated on approximately 0.43 acres, this well-maintained 3-bedroom, 2-bath manufactured home offers 1,344 square feet of functional living space designed for full-time living, weekend getaways, or investment potential. Built in 1995, the home features an inviting layout with spacious living and dining areas, abundant natural light, and a comfortable kitchen with ample cabinetry and workspace. The primary suite includes a private bath, while two additional bedrooms provide flexibility for guests, family, or office space. Step outside and enjoy one of the property’s standout features—a covered back porch with a partial view of beautiful Lake Whitney, perfect for morning coffee, evening sunsets, or relaxing after a day on the water. Just beside the property, a private road leads to a nearby path where families can access the lake for kayaking, swimming, shoreline enjoyment, and outdoor recreation. Adding even more value is the detached two-car garage with additional storage and a versatile workshop space—ideal for hobbies, tools, lake gear, a private man cave, game room, or a fun entertainment area for kids and guests. The oversized lot offers room for entertaining, parking, storage, or future enhancements. Whether you’re looking for a peaceful residence, vacation retreat, or lake-area investment, this property combines affordability, location, and lifestyle in one attractive package. Conveniently located near Morgan, Whitney, marinas, parks, fishing, and all the recreational opportunities Lake Whitney is known for. Lake views, nearby water access, usable land, and small-town Texas charm—this is the lake property opportunity you’ve been waiting for.

Investor Tools

Property Icon
$252,000
Estimated Property Value
$0Estimated Mortgage Balance
$252,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$472
$129,387
2025
$59,040
$70,347
$129,387
No

Tax History

Year
Tax Paid
Assessed Value
2025
$472
$129,387

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$252,000
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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