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$249,000

274 County Road 1500, Morgan, TX, 76671

$323,700 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,904 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.78 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Laminate, Tile

Exterior

Exterior FeaturesStorage

Building Information

Year Built1967
Garage Spaces2

Land Information

APNR15077
Lot Number2
Land UseResidential
Legal DescriptionCEDAR SHORES BLOCK U9.1 LOT 2 & THE E 100X115 & NE 50X100 ADJ N UNNUMBERED BL ACRES 0.665
Census Tract950300
Assessed Land Value$33,789
Assessed Improvement Value$147,353
Assessment Year2025

About this property

If you've been dreaming of a peaceful retreat near Lake Whitney with charm, character, and room to unwind, this adorable home is a must-see! Nestled among beautiful trees and lush landscaping on approximately 1.2 acres, this inviting 1,904-square-foot home offers 2 bedrooms, 2 bathrooms, and a layout designed for comfortable living and entertaining. Step inside to a warm and welcoming living room featuring a cozy fireplace, perfect for gathering with family and friends. The sunroom provides the ideal space to enjoy your morning coffee, read a book, or simply take in the peaceful views of the surrounding landscape year-round. Outside, the spacious covered front porch invites you to relax and enjoy the tranquil setting, while the expansive lot offers plenty of room for gardening, recreation, or simply appreciating the privacy and natural beauty of the property. A 2-car garage provides ample storage, and the additional covered parking is ideal for a boat, smaller RV, or other outdoor toys—making it easy to enjoy everything Lake Whitney has to offer. Whether you're looking for a full-time residence, a weekend getaway, or a vacation home near the lake, this charming property offers the perfect blend of comfort, character, and outdoor living on a beautifully 1.2-acre homesite.

Investor Tools

Property Icon
$230,000
Estimated Property Value
$0Estimated Mortgage Balance
$230,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$323,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

Interested in this property?

Gabriella Fodor

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,062
$181,142
2025
$33,789
$147,353
$181,142
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2025
$2,062
$181,142

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$230,000
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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274 County Road 1500 | Property Details | No Agent List