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$16,000

NAL Estimated Property Value

TBD County Road 1524 U1, Morgan, TX, 76671

Off MarketInfo
Baths0 Bath

About this property

Nice level property with many trees. Backs up to a private ranch. When you're facing these lots there are additional lots that could be purchased. Private septic is required, Texas New Mexico is the power company, the community has a water well for all property owners. Hardwood trees and cedar are mostly on these lots. Very private on this road in the back of the sub division. Call for instructions on where the Community Cove and boat dock are located. The Community Center has a gathering every month for all property owners to enjoy a nice meal and get to know your neighbors. NO SIGNS ARE ALLOWED ON PROPERTY.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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.

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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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