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$825,000

427 County Road 1304, Morgan, TX, 76652

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,850 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.47 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market List

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Cooktop
FlooringCarpet, Parquet

About this property

Rare find! Do not hesitate to come out and take a look at this unique and beautiful property in the quaint community of Lakeside Village on Lake Whitney. This property features shoreline along the lake, with a varying stretch of terrain from steep and rugged to a walkable path, giving access to the water. It boasts majestic views with over 12 acres of land, offering so many opportunities such as subdivide and building multiple homes or possibly short term rental cottages. Anyone looking for privacy or a peaceful retreat, than this is the place for you! There is an existing home on the grounds that is an absolute diamond in the rough. This home was built by the sellers and has been loved and lived in since the early 80s. The bones and character speak volumes on this home. It needs is your creativity and some TLC to bring it up to date. The home is three levels with a fireplace that goes all the way to the third-floor and the views of Lake Whitney are just breathtaking. Selling as is.

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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,950 /month
Positive
Cash Flow Estimate:
$1,650 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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