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$189,000

NAL Estimated Property Value

143 County Road 1514, Morgan, TX, 76671

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths816 Sq Ft
price_per_sqft$226.72 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Oven, Electric Range, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesFire Pit, Storage

Building Information

Year Built1965

Land Information

APNR17846
Lot Number49-52
Land UseResidential
Legal DescriptionCEDAR SHORES BLOCK U5 LOT 49-52
Census Tract950300
Assessed Land Value$38,440
Assessed Improvement Value$125,097
Assessment Year2025

About this property

Welcome to The Canyons. This property is on a dead end road with little traffic. The most activity you will see is the wildlife! Deer frequent this addition. The small house is simple and perfect for a weekend home. The small workshop is awesome, multi storage buildings for all your lake toys and fishing gear. A RV awning and a 2 car carport are in place, Multi double gates, outside fire pit, plenty of room for kids to play and dogs to roam within the fenced yard. This addition has some amazing views of Lake Whitney. The community has access to a dock and boat ramp in a cove on Lake Whitney. Bring your golf cart or sidexside and cruise the addition. We have canyons throughout the area and some hiking trails around the cove. Lots of deer roam all the time. The community has a small church and community center. The community center serves a dinner once a month to all property owners for a small donation. This community has a ranch on one side, lake on back side, and Corp of Engineers land on another side. Pretty unique. Don't miss out. Bring us an OFFER!

Investor Tools

Property Icon
$189,000
Estimated Property Value
$0Estimated Mortgage Balance
$189,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,134 /month
Positive
Cash Flow Estimate:
$378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$136/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$681
$163,537
2025
$38,440
$125,097
$163,537
No

Tax History

Year
Tax Paid
Assessed Value
2025
$681
$163,537

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$189,000
100%
0%
$0/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.

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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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143 County Road 1514 | Property Details | No Agent List