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$183,000

NAL Estimated Property Value

147 County Road 1514, Morgan, TX, 76671

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths777 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.76 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Range, Electric Water Heater, Refrigerator
FlooringLaminate

Exterior

Exterior FeaturesFire Pit

Building Information

Year Built1970

Land Information

APNR17845
Lot Number53,54
Land UseResidential
Legal DescriptionCEDAR SHORES BLOCK U5 LOT 53 & 54
Census Tract950300
Assessed Land Value$20,000
Assessed Improvement Value$151,752
Assessment Year2025

About this property

Your perfect place in the woods to get a way from the crazy city life. FULLY FURNISHED, Cute small rustic cabin with one bedroom, one bath. Wood burning freestanding fireplace, mini split in den,kit area, window unit in bedroom. Stackable washer and dryer. New laminate flooring, fresh paint on the outside. No painting on inside, everything is wood. Very quiet area, enjoy sitting out at the fire pit, watch the deer roam. Has a little wishing well in the front. (decoration, but looks real). Bring some lake toys to enjoy on beautiful Lake Whitney. There is Cove in the addition that is perfect for canoes, kayaks or launch your boat. Did I mention it was FULLY FURNISHED, INCLUDED POTS, PANS, LINENS.....READY TO MOVE IN. This neighborhood has wildlife roaming. This little GEM won't last long.

Investor Tools

Property Icon
$183,000
Estimated Property Value
$174,430Estimated Mortgage Balance
$8,570Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,098 /month
Positive
Cash Flow Estimate:
$366 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,005
$171,752
2025
$20,000
$151,752
$171,752
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,005
$171,752

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Conventional
$181,818
No
First
Feb 23, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,430
$8,570
4%
95%
$1,091/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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147 County Road 1514 | Property Details | No Agent List