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$188,000

NAL Estimated Property Value

1980 Fm 3305, Morton, TX, 79346

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,845 Sq Ft
price_per_sqft$102.98 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesCooktop, Dishwasher, Exhaust Fan, Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Gas Water Heater

Exterior

Exterior FeaturesRV Hookup, Storage
Lot Size5 acres

Building Information

Garage Spaces1

Land Information

APN0-102-318-105-207-00
Land UseResidential
Legal Description318 NEPT OF NWPT OF 7 105 FISHER 5 ACRES
Census Tract950100
Assessed Land Value$4,875
Assessed Improvement Value$50,426
Assessment Year2024

About this property

We are pleased to have obtained the exclusive listing of this wonderful family home located in Morton, Texas located in Cochran County. Located just off HWY 214, and on paved County Road 3305 (on the South side running East and West), the home features 2 bedroom, 1 & 1/2 bathrooms, as well as two living areas, and a garage. One of the living rooms could be converted into an additional bedroom. Per the seller and related sources, the square footage of the house 1,845 total sq ft. Enjoy the beauty of outside on a 40'x11'porch, and stay warm during the colder months stand alone wood burning fireplace. The home runs on a single well (¾ HP pump), has a septic system, fiberline ran for internet, a metal roof, and the backyard is fully fenced for additional privacy. The refrigerator will also convey with the property. The entire lot is 5+/- acres, of which 2.6 are in the CRP (Conversation Reserve Program). No country property is complete without a barn, and this is no exception. The main barn is a 30'x50', and features two 12' doors, a 30 AMP RV hookup, and 110 plugs. There is also a 15'x15' storage shed with a carport attached. The property also has a 52'-55'x18' RV Cover, as well as a 40'x12' lean-to attached, also with its own 30 AMP hookup. Schedule your showing today!

Investor Tools

Property Icon
$188,000
Estimated Property Value
$0Estimated Mortgage Balance
$188,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$55,301
2024
$4,875
$50,426
$55,301
No

Tax History

Year
Tax Paid
Assessed Value
2022
N/A
$55,301

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$188,000
100%
0%
$0/mo

City: Morton

1980 Fm 3305 | Property Details | No Agent List