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$224,000

NAL Estimated Property Value

234 Private Road 1401, Morgan, TX, 76671

$250,177 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,440 Sq Ft
price_per_sqft$253.47 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Refrigerator

Exterior

Exterior FeaturesRV Hookup

Building Information

Year Built2021
Garage Spaces2

Land Information

APNM40830
Lot Number7
Land UseResidential
Legal DescriptionCEDRON CRK RANCH BLOCK S1 LOT 7 2021 CHAMPION TE3248E 30X48 DW
Census Tract950300
Assessed Improvement Value$152,700
Assessment Year2025

About this property

BRING ALL OFFERS!!! SELLER IS MOVIATED AND WANTS SOLD ASAP!!! Where are my lake enthusiast? This unique property is just 5 minutes to Lake Whitney. Bring your fishing rods and wakeboards to escape the hustle and bustle from the city and enjoy this 2021 manufactured home nestled in a county setting fully set up for you and your family. Make this compound your primary residence or favorite vacation spot. This home features an open concept with large living room, eat in kitchen, 3 bedrooms, and 2 baths. Your extended family and friends can bring their travel trailers and hook up to one of the five RV spots with 30A and 50A electric service. Park your boat in the 24X40 shop to stay out of the elements all year long. There is an equipment shed and plenty of covered parking for all your family and friends. Sellers are motivated...don't miss out on this slice of paradise!

Investor Tools

Property Icon
$224,000
Estimated Property Value
$0Estimated Mortgage Balance
$224,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$250,177
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
$12/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,724
$152,700
2025
N/A
$152,700
$152,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,724
$152,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$224,000
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.

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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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234 Private Road 1401 | Property Details | No Agent List