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$560,000

211 County Road 1511, Morgan, TX, 76671

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$350 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringVinyl

Exterior

Lot Size2.80 acres

Building Information

Garage Spaces2

Land Information

APNR14961
Lot Number13
Land UseVacant Land
Legal DescriptionCEDAR SHORES BLOCK U6.5 LOT 13 & UNPLATTED AREA TO NORTH OF BL 6
Census Tract950300
Assessed Land Value$155,068
Assessed Improvement Value$87,012
Assessment Year2025

About this property

Experience this beautifully custom designed barndominium located in the peaceful Cedar Shores community, one of Lake Whitney’s most sought after hidden gems. Enjoy the benefits of this nature filled community without the burden of HOA fees, giving you both freedom and value. Residents have access to a nearby boat ramp just minutes away, making lake days effortless, along with a community church and gathering center for local events and connection. Situated on 1.983 acres, this property offers exceptional privacy with a private road leading to a fully fenced and gated homesite. The expansive yard provides endless possibilities to create your ideal outdoor space. A covered side porch functions perfectly as a carport, while the impressive 1,200 sq ft shop features 12-foot doors and built-in shelving, ideal for storing boats, RVs, or recreational equipment. Additional driveway space will be available once the conex is removed, allowing for even more outside parking flexibility. Inside, the home features a highly functional open layout with a spacious kitchen and living area. The kitchen showcases custom wood cabinetry, built-in features, and beautiful countertops, all designed with both style and usability in mind. Matching custom cabinetry continues throughout the bathrooms. You will find a stunning walk-in shower inside the primary suite with the laundry room conveniently located near for easy access. The home offers two well sized bedrooms with generous closet space, plus an additional flex room currently used as an office that could easily serve as a third bedroom. A cozy woodburning fireplace adds warmth and charm to the living space. Built just about a year ago, this home delivers the benefits of new construction without the wait. With its secluded setting, custom finishes, and proximity to Lake Whitney, this property offers a rare opportunity to enjoy modern comfort in a tranquil environment.

Investor Tools

$364,151Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

Interested in this property?

Danna Guille-Chavez

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,755
$242,080
2025
$155,068
$87,012
$242,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,755
$242,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interbank
Conventional
$369,000
No
First
Oct 2, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,151
N/A
0%
150%
$2,213/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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211 County Road 1511 | Property Details | No Agent List