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$174,000

NAL Estimated Property Value

147 Morgan Pl, New Fairview, TX, 76078

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
price_per_sqft$110.83 / sqft
Year BuiltBuilt in 1993

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Electric Range, Refrigerator, Washer

Building Information

Year Built1993
Roof Type112

Land Information

APNR1771.7218.01
Land UseResidential
Legal DescriptionR1771.0218.00 MANUFACTURER: SPIRIT HOMES SERIAL NUMBER: SCAR9368035214 SERIAL NUMBER: ARK0042301
Census Tract150607
Assessment Year2025

About this property

Bring Your Horses to Decatur ISD!Incredible opportunity to own a beautiful 1.034-acre property in Wise County! This turn-key, move-in-ready manufactured home features a spacious 3-bedroom, 2-bathroom layout perfect for comfortable country living. Outside, you will find a pristine, nicely mowed field that is fully fenced and ready for your horses, livestock, or outdoor hobbies. Located in the highly desirable Decatur School District, this property combines the best of peaceful acreage with quick access to town amenities. Do not miss this rare find—schedule your showing today and move right in!

Investor Tools

Property Icon
$174,000
Estimated Property Value
$0Estimated Mortgage Balance
$174,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,044 /month
Positive
Cash Flow Estimate:
$348 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$78/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$69
$23,454
2025
N/A
N/A
$62,795
No

Tax History

Year
Tax Paid
Assessed Value
2024
$69
$23,454

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$174,000
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.

Explore Texas Explore This Area
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: New Fairview

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147 Morgan Pl | Property Details | No Agent List