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$190,286

NAL Estimated Property Value

2378 Morgan Ln, Ingleside, TX, 78362

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,071 Sq Ft
price_per_sqft$116.71 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
AppliancesElectric Oven, Electric Range, Free-Standing Range, Refrigerator
FlooringConcrete, Hardwood

Exterior

Exterior FeaturesStorage
Lot Size2.99 acres

Building Information

Year Built1960
Roof Type105
Garage Spaces2

Land Information

APN0877-0081-0015-001
Lot Number15
SubdivisionT P Mccampbell Subd
Land UseResidential
Legal DescriptionT P MCCAMPBELL SUBD BLK 81, S 1/2 OF LOT 15 (2.99 ACRES)
Census Tract010301
Assessed Land Value$144,686
Assessed Improvement Value$45,600
Assessment Year2025

About this property

Motivated seller! Unrestricted land and country living near the Gulf of America in beautiful coastal Ingleside, Texas!!! Close to 361, Main Street and the beautiful Gulf beaches ....2.99 acres with city water and sewer, a well, separate electric hook up, generator hook up, storage sheds, stand-alone 2 car garage with window unit AC too! This home was built in the 50s it's rustic but so sturdy! Make this home yours with some updates or change the land and have a STR, ranchette, or a larger piece of property near The Gulf. Fence posts are in place- just add no climb or barbed wire.....This property is so very flexible! All it needs is you and your vision!!!! Seller financing may be available with $ 90,000, 7.5% interest and owner/buyer agreed-upon length) Reach out for more information and a lovely drone reel footage of the property.

Investor Tools

Property Icon
$190,286
Estimated Property Value
$116,757Estimated Mortgage Balance
$73,529Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,142 /month
Positive
Cash Flow Estimate:
$381 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$311/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$190,286
2025
$144,686
$45,600
$190,286
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$190,286

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Live Well Financial Inc
Reverse Mortgage / Hecm
$150,000
No
First
Jan 20, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,757
$73,529
38%
61%
$707/mo

City: Ingleside

2378 Morgan Ln | Property Details | No Agent List