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$243,000

NAL Estimated Property Value

245 County Road 1313, Morgan, TX, 76671

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,376 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.18 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesElectric Cooktop, Gas Oven, Gas Water Heater
FlooringCarpet, Laminate

Building Information

Year Built1955
Garage Spaces2

Land Information

APNR07193
Land UseResidential
Legal DescriptionBESTVIEW LAKESIDE VLG BLOCK 20 (W/PT)
Census Tract950300
Assessed Land Value$71,820
Assessed Improvement Value$101,735
Assessment Year2025

About this property

This property backs up to USACE property This means no building or home will ever be behind your property! Also, there is an old path to the lake on the USACE property. Minutes away from multiple FREE boat ramps. Bring all your lake toys, plenty of room to park them. This home has a unique fireplace which is the original from when house was built in the early 50s. Fireplace is for decoration only now. This cute two bedroom, 1 bath would be a great first home, lake or a retirement house for those who still want to travel but want a home base. Could be a 3rd bedroom. House was remodeled in 1993, needs some TLC, but has a lot of potential. The back of the house has a STORM CELLAR ! Many possibilities with this property. Plenty of room for a workshop, add RV hookups, bring your ideas and let's make this happen! Great location! SELLERS ARE MOTIVATED! CALL FOR AN APPT TODAY!

Investor Tools

Property Icon
$243,000
Estimated Property Value
$0Estimated Mortgage Balance
$243,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,022
$173,555
2025
$71,820
$101,735
$173,555
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,022
$173,555

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$243,000
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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245 County Road 1313 | Property Details | No Agent List