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$394,000

NAL Estimated Property Value

425 County Road 1526, Morgan, TX, 76671

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,962 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.4 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters, Other, Storage

Building Information

Year Built1965
Garage Spaces1

Land Information

APNR16191
Lot Number81,82
Land UseResidential
Legal DescriptionCEDAR SHORES BLOCK U3 LOT 81 & 82 ACRES 0.265
Census Tract950300
Assessed Land Value$125,125
Assessed Improvement Value$214,247
Assessment Year2025

About this property

Located in The Canyons of Lake Whitney, although not directly lakefront, across the road from the lake and a heck of a view. Absolutely beautiful view of the lake from 1st or 2nd story, 500sq ft screened porch, perfect place to entertain day or night! 4 bedrooms, 1.5 baths. Appx 495sq ft of basement space. Water resistant laminate flooring throughout except bedrooms which have newer carpet. Lots of windows for natural lighting. Unique backsplash in kit, new paint throughout. Room for 2 freezers in utility. Thermo pane windows. Yard is nicely landscaped and fenced. Fridge, greenhouse, swing set, chicken coop, boat, new metal storage bldg all CONVEY! Private cove with boat dock and ramp for residents.

Investor Tools

Property Icon
$394,000
Estimated Property Value
$393,740Estimated Mortgage Balance
$260Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,364 /month
Positive
Cash Flow Estimate:
$788 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$451/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,441
$339,372
2025
$125,125
$214,247
$339,372
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,441
$339,372

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$398,385
Yes
First
Sep 4, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$393,740
$260
0%
100%
$2,389/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.

Explore Texas Explore This Area
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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425 County Road 1526 | Property Details | No Agent List