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$189,900

656 E Morgan, Meridian, TX, 76665

$246,870 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$53.22 / sqft
Year BuiltBuilt in 1908

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Gas Range, Plumbed For Ice Maker
FlooringLaminate, Wood

Exterior

Exterior FeaturesBalcony, Fire Pit, Storage
Lot Size1.34 acres

Building Information

Year Built1908
Garage Spaces2

Land Information

APNR20117
Land UseResidential
Legal DescriptionMERIDIAN OT/ A454 A650 A440 & A450 BLOCK 113 (PT)
Census Tract950200
Assessed Land Value$72,024
Assessed Improvement Value$700,000
Assessment Year2025

About this property

What a find! Top of The Hill Country! Located on 1.3 acres near downtown Meridian, this turn-of-the-century home has 4 HUGE bedrooms, 3 full baths (one with clawfoot tub, one with freestanding tub & one with a walk-in shower). Original wood floors are featured throughout most of the home (no carpet). Commercial grade laminate floors are in kitchen, bathrooms & utility room. Large eat-in kitchen has a gas range. 3 fireplaces including 1 in master suite; 3 living areas (2 down, 1 up). Updates include insulation, roof, range, dishwasher, water heater. A second small house (used as a crafting area) would also make a great workshop. 2 car detached garage; storage shed. Great front porch, balcony and lots of trees!

Investor Tools

Property Icon
$772,024
Estimated Property Value
$0Estimated Mortgage Balance
$772,024Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$246,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,632 /month
Positive
Cash Flow Estimate:
$1,544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,387
$772,024
2025
$72,024
$700,000
$772,024
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,387
$772,024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$772,024
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: Meridian

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656 E Morgan | Property Details | No Agent List