$457,607
NAL Estimated Property Value702 E Morgan, Meridian, TX, 76665
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate, Vinyl, Wood
Exterior
Lot Size41,382 sqft
Building Information
Year Built1960
Land Information
APNR20421
Land UseResidential
Legal DescriptionMERIDIAN OT/ A454 A650 A440 & A450 BLOCK 113 (PT)
Census Tract950200
Assessed Land Value$51,304
Assessed Improvement Value$406,303
Assessment Year2025
About this property
Beautiful home located in Meridian on one beautifully landscaped acre of land. This spacious home features four bedrooms, three baths, custom cabinets, butlers pantry, breakfast area, formal living and dining space, den, and more! Lots of updates thru out the home. Outdoors includes beautiful landscaping, in ground pool, glass enclosed gazebo, greenhouse, and a private well for sprinkler system. Lots of storage opportunities and a climate controlled shop. A must see in Meridian, Texas!
Investor Tools
$457,607
Estimated Property Value
$134,845Estimated Mortgage Balance
$322,762Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,746 /month
Positive
Cash Flow Estimate:
$915 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$491/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,609
$457,607
2025
$51,304
$406,303
$457,607
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,609
$457,607
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Conventional
$154,000
No
First
Jan 15, 2020
Feb 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,845
$322,762
70%
29%
$924/mo
