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$173,000

NAL Estimated Property Value

145 County Road 1519, Morgan, TX, 76671

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths813 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.25 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 1Bathrooms Half 1
AppliancesElectric Oven, Microwave, Refrigerator, Tankless Water Heater
FlooringCarpet, Hardwood

Building Information

Year Built1975

Land Information

APNR13372
Lot Number84,85
Land UseResidential
Legal DescriptionCEDAR SHORES BLOCK U5 LOT 84 & 85
Census Tract950300
Assessed Land Value$15,500
Assessed Improvement Value$69,916
Assessment Year2025

About this property

Escape to the peaceful beauty of The Canyons at Lake Whitney! Nestled among mature trees and abundant wildlife, this charming 2-bedroom, 1-bath retreat offers the perfect blend of comfort, relaxation, and outdoor adventure. Whether you’re seeking a weekend getaway, full-time residence, or income-producing vacation rental, this inviting home delivers the laid-back lake lifestyle you’ve been dreaming of. Enjoy quiet mornings with coffee on the expansive front deck, unwind beneath the stars, and gather with family and friends for weekend barbecues in the serene outdoor setting. The partially fenced yard, with privacy fencing, creates a comfortable space to relax while enjoying frequent visits from the area’s native deer. Inside, you’ll find beautiful hardwood floors, a tastefully remodeled bathroom, and the convenience of an endless hot water heater. The home is being offered furnished, including a sofa, TVs, dining table and chairs, beds, chest of drawers, bookcase, and armoire—making it truly move-in or rental ready. Additional features include a spacious carport, RV awning, storage building for lake toys and fishing gear, and plenty of room for all your recreational equipment. Residents of The Canyons enjoy access to a private boat ramp and dock tucked into a protected cove on Lake Whitney, along with scenic canyon views, hiking trails, a community center, and a neighborhood church. Surrounded by nature and just far enough from the hustle and bustle, this cozy retreat offers the perfect place to slow down, recharge, and enjoy lake living at its finest.

Investor Tools

Property Icon
$173,000
Estimated Property Value
$60,019Estimated Mortgage Balance
$113,235Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$972
$85,416
2025
$15,500
$69,916
$85,416
No

Tax History

Year
Tax Paid
Assessed Value
2025
$972
$85,416

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$68,400
No
First
Mar 27, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$60,019
$101,981
62%
35%
$411/mo

City: Morgan

145 County Road 1519 | Property Details | No Agent List