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B+
NoAgentList RatingHow are grades calculated? Info

$261,034

54 Morrow Dr, Bedford, TX, 76021

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths1,286 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$209.18 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer

Exterior

Exterior FeaturesBalcony, Courtyard, Private Entrance, Uncovered Courtyard
Lot Size1,455 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN26880C---A2--19A--20
Lot Number19A-19B
SubdivisionMorrow Green Garden Homes
Land UseResidential
Legal DescriptionMORROW GREEN GARDEN HOMES BLOCK A2 LOT 19A & 19B & .004975 OF COMMON AREA
Census Tract113630
Assessed Land Value$25,000
Assessed Improvement Value$236,034
Assessment Year2025

About this property

Step into modern elegance with this beautifully renovated 1-bedroom, 1.5-bath townhome, offering a blend of contemporary updates and functional design. Completely transformed in July 2022, this home is truly move-in ready and comes fully furnished by the owner for a turn-key experience. The open living area welcomes you with a modern updated fireplace, creating a cozy yet sophisticated ambiance. The kitchen shines with sleek white cabinets, black hardware, and stainless steel appliances, making it both stylish and practical. Upstairs, an additional loft space offers flexibility—perfect as a second living area, office, or guest retreat. The full bath has been completely updated, featuring modern black fixtures and a separate shower for a spa-like experience. Thoughtful accommodations include a sleeper sectional in the living room and a sleeper sofa in the loft, ensuring comfort for guests. With two AC units—one replaced in 2023 and the other just five years old—you’ll stay cool year-round. Outside, enjoy the convenience of a large carport and extra storage space. Don't miss this stunning, fully updated townhome—perfect for homeowners and investors alike! Schedule your showing today!

Investor Tools

Property Icon
$261,034
Estimated Property Value
$242,156Estimated Mortgage Balance
$19,928Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,082
$261,034
2025
$25,000
$236,034
$261,034
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,082
$261,034

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Unknown
$242,156
No
First
Feb 11, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,106
$19,928
7%
92%
$1,452/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
$1,777/mo
$-417/mo
6.3%

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: Bedford

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54 Morrow Dr | Property Details | No Agent List