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$659,000

NAL Estimated Property Value

2606 Morgan Lane, Trophy Club, TX, 76262

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,212 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.34 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Tankless Water Heater, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,479 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR583229
Lot Number11
SubdivisionThe Highlands At Trophy Club Neighborhoo
Land UseResidential
Legal DescriptionTHE HIGHLANDS AT TROPHY CLUB NEIGHBORHOOD 1 PH 1C2 BLK D LOT 11
Census Tract020321
Assessed Land Value$186,950
Assessed Improvement Value$422,300
Assessment Year2025

About this property

Roof replaced JULY 2021! Clean immaculate home with fabulous curb appeal and fresh landscaping. Pride of ownership shines!! Gourmet kitchen with a very open layout, granite countertops, large island, and gas cooktop. Hardwoods throughout. Office with glass front french doors and wood built-ins. Backyard features a covered porch with a pergola and is perfect for relaxing and entertaining. Don't miss out on this one!

Investor Tools

Property Icon
$659,000
Estimated Property Value
$457,884Estimated Mortgage Balance
$201,116Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,954 /month
Positive
Cash Flow Estimate:
$1,318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,257/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,785
$609,250
2025
$186,950
$422,300
$609,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,785
$609,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Marilyn P Martin
Seller Carryback / Seller Financing / Seller Take-Back
$490,500
No
First
Oct 31, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,884
$201,116
30%
69%
$2,941/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$3,381/mo
$-1,221/mo
3.9%

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: Trophy Club

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2606 Morgan Lane | Property Details | No Agent List