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$306,013

377 Private Road 1408, Morgan, TX, 76671

$345,502 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,436 Sq Ft
FarmFarm
price_per_sqft$128.83 / sqft
Year BuiltBuilt in 2010

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop
FlooringConcrete, Laminate

Exterior

Exterior FeaturesBalcony
Lot Size5.00 acres

Building Information

Year Built2010
Garage Spaces3

Land Information

APNR27734
Lot Number75
Land UseAgriculture / Farming
Legal DescriptionCEDRON CRK RANCH BLOCK S8 LOT 75
Census Tract950300
Assessed Land Value$80,027
Assessed Improvement Value$225,986
Assessment Year2025

About this property

5 acres of beautiful land with 1br ba cabin and garage and 2 story home needing to be finished out, 1 or 2 br with ba and porch balcony and inside balcony, workshop garage on this home as well, nice pond and land backing up to Lake Whitney Corps land. Lots of wildlife and peaceful addition close to lake.

Investor Tools

Property Icon
$306,013
Estimated Property Value
$0Estimated Mortgage Balance
$306,013Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$345,501
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
$35/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,454
$306,013
2025
$80,027
$225,986
$306,013
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,454
$306,013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$306,013
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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377 Private Road 1408 | Property Details | No Agent List