Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days1Days on Market
Views4view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$1,150,000

467 Mourning Dove Ln, Lorena, TX, 76655

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths4,041 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$284.58 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven

Exterior

Private PoolPrivate Pool
Lot Size9.44 acres

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces4

Land Information

APN300924000019030
SubdivisionWilliams S M
Land UseAgriculture / Farming
Legal DescriptionWILLIAMS S M ACRES 9.44
Census Tract003801
Assessed Land Value$14,880
Assessed Improvement Value$756,650
Assessment Year2025

About this property

A supremely desirable property offering an abundance of amenities and remarkable flexibility, you’ll be hard-pressed to find a home that checks as many boxes as this lovely Lorena property. ~~~ Set prominently atop a bluff overlooking the South Bosque River Valley, the home offers a unique dual personality—functioning beautifully as one expansive residence or, when desired, as a spacious primary home with a complete, attached apartment. The apartment enjoys convenient pass-through access from the main home as well as its own private exterior entrance and garage, making it exceptionally versatile for guests, extended family, or additional living space. ~~~ The primary residence features three generously sized bedrooms, three full bathrooms, a powder room, an eat-in kitchen, and a bonus room that works wonderfully as an office or den, while also offering the potential to serve as a fourth bedroom. From the main living area, access leads to an impressive additional space that could easily function as a game room, man cave, guest suite, or apartment. Complete with a kitchenette, full bathroom, and bunk room, this flexible area truly knows no bounds. ~~~ The outdoor amenities are equally impressive, with direct access to the backyard pool and spa, both carports, and a private garage. Step outside and a dreamscape awaits, featuring an outdoor bar, inviting pool and spa, raised herb garden, and privacy fencing creating the perfect barrier for pets and kiddos alike. ~~~ Beyond the fenced recreational areas, the property’s gently rolling, tree-lined acreage provides cross-fencing and perimeter fencing suitable for most livestock needs. It’s an ideal amount of land—enough to accommodate a variety of uses and aspirations without ever feeling like a second job requiring constant attention. ~~~ With so much versatility, functionality, and appeal in one exceptional property, immediate inquiry is suggested for those seeking a distinctive home in the coveted Lorena area.

Investor Tools

$0Estimated Mortgage Balance
$771,530Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

Interested in this property?

Matthew McLeod

The McLeod Company

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,073/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,017
$771,530
2025
$14,880
$756,650
$853,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,017
$771,530

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$771,530
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
N/A
+$1,620/mo
2.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Lorena

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...