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$150,000

479 County Road 1524, Morgan, TX, 76671

On MarketInfo
Just AddedInfo
Baths0 Bath
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,841 sqft

Building Information

Year Built2001

Land Information

APNR13030
Lot Number77
Land UseVacant Land
Legal DescriptionCEDAR SHORES BLOCK U1 LOT 77
Census Tract950300
Assessed Land Value$28,600
Assessed Improvement Value$1,164
Assessment Year2025

About this property

Experience breathtaking lake views in the peaceful Cedar Shores community, one of Lake Whitney's best-kept secrets. This beautiful homesite offers the perfect opportunity to build your dream lake retreat, weekend getaway, or full-time residence while enjoying the tranquility of nature and spectacular water views. Located outside the city limits with an exceptionally low 1.1381 tax rate and no HOA, you'll enjoy the freedom to create your ideal property without unnecessary restrictions or fees. Electricity and water are already in place, saving time and expense as you begin building. Buyer to verify condition of existing septic system. Residents of Cedar Shores enjoy access to a nearby community boat ramp just minutes away, making it easy to spend your days boating, fishing, swimming, or simply enjoying beautiful Lake Whitney. Property owners within The Canyons also enjoy access to a private boat ramp in a large cove of the main body of water and private beach, offering even more opportunities to enjoy lake life without leaving the neighborhood. The community also features a church and gathering center that hosts local events, creating a welcoming small-town atmosphere. Whether you're dreaming of a peaceful escape, vacation home, or forever home with incredible lake views, this rare property offers the perfect combination of natural beauty, convenience, privacy, and value. Don't miss this opportunity to own your own piece of Lake Whitney paradise.

Investor Tools

$0Estimated Mortgage Balance
$29,764Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

Interested in this property?

Michelle Martin

JPAR - Burleson

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$41/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$339
$29,764
2025
$28,600
$1,164
$29,764
No

Tax History

Year
Tax Paid
Assessed Value
2025
$339
$29,764

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$29,764
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.

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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479 County Road 1524 | Property Details | No Agent List