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$649,000

151 Morse Lane, Jefferson, TX, 75657

On MarketInfo
Beds5 Beds
Baths6 Bath
Baths3,984 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.9 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 6Bathrooms Full 6
AppliancesDishwasher, Electric Oven, Electric Water Heater
FlooringWood

Exterior

Private PoolPrivate Pool
Lot Size1.70 acres

Building Information

Year Built1970
Garage Spaces4

Land Information

APN5226
Land UseResidential
Legal DescriptionMADDEN, R W ABST 263 1.7 AC JOHNSON, I N
Census Tract950200
Assessed Land Value$122,040
Assessed Improvement Value$454,180
Assessment Year2025

About this property

Welcome to your own personal lakeside escape! This stunning custom-built home offers 4 spacious bedrooms and 4½ baths, with each room opening directly onto the wraparound porch—so everyone can enjoy breathtaking views of the lake. Inside, you’ll find granite countertops throughout, beautiful textured walls, and a primary suite featuring his-and-hers walk-in closets, a jetted tub, and plenty of space to unwind. Each bedroom includes its own private bathroom, plus there’s a convenient half bath for guests. Step outside to 200 feet of lake frontage with your own private Trex boat dock, a fenced backyard perfect for pets and children, peach-producing fruit trees, and an above-ground pool with an attached deck for soaking up the sun. The property also includes a four-car garage with room to park your boat, as well as a spacious shop complete with a full bathroom and bonus room—ideal for guests, entertaining, or your dream man cave. Whether you’re searching for a peaceful full-time residence or the ultimate weekend getaway, this home offers comfort, privacy, and timeless charm. Thoughtfully maintained and designed for entertaining, it’s a true retreat that’s ready for its next owner to call it home.

Investor Tools

$150,605Estimated Mortgage Balance
$492,395Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

Interested in this property?

Cindy Pinkerton

Texas Real Estate Executives - Longview

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$294/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$318
$576,220
2025
$122,040
$454,180
$576,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$318
$576,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Stand Alone First / Home Equity First Lien
$175,000
No
First
May 17, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,605
$492,395
76%
23%
$1,050/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: Jefferson

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151 Morse Lane | Property Details | No Agent List