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$278,340

NAL Estimated Property Value

218 County Road 1528, Morgan, TX, 76671

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,050 Sq Ft
price_per_sqft$275.24 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave

Building Information

Year Built2024

Land Information

APNR41363
Lot Number380-383
Land UseResidential Single Family
Legal DescriptionCEDAR SHORES BLOCK U1 LOT 380-383
Census Tract950300
Assessed Land Value$33,550
Assessed Improvement Value$244,790
Assessment Year2025

About this property

Brand new custom build home by a local builder. Nice 2 bedroom, 2 bath home with open concept. Kitchen and den open together allowing for plenty of room. Kitchen has an amazing large walk in panty that anyone would love. Both bedrooms are a perfect size with each having a bathroom with a walk in shower, no tub. The large utility room has the HVAC, water heater and washer dryer hookups all together. The flooring is very nice. From the den and kitchen you look out the windows and doors that open up to the large covered porch with an open wooden covered deck. This looks out to the trees in the back yard. There is room on one side of the house for a garage or carport and maybe a small workshop. An aerobic septic system is in place. This little community is a hidden gem with a cove on Lake Whitney. The cove has a small dock and boat ramp. The area has an abundance of wildlife, you will see deer roaming often. Hiking trails throughout the area that you can witness waterfalls during rain. The Community Center offers a dinner once a month for property owners, a small church is also in the area. Too much to list what the area offers. Bring your boat, and your lake toys and come to The Canyons on Lake Whitney.

Investor Tools

Property Icon
$278,340
Estimated Property Value
$0Estimated Mortgage Balance
$278,340Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,972
$278,340
2025
$33,550
$244,790
$278,340
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,972
$278,340

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$278,340
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: Morgan

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218 County Road 1528 | Property Details | No Agent List