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$285,000

2 Holly Ct, Morgans Point Resort, TX, 76513

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,421 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.56 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Oven, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesCovered Patio, Other, Porch, Private Yard, Rain Gutters, See Remarks
Lot Size7,000 sqft

Building Information

Year Built2000
Stories1
Garage Spaces1

Land Information

APN15891
Lot Number7
SubdivisionMorgans Point Resort Section 16
Land UseResidential
Legal DescriptionMORGANS POINT RESORT SECTION 16, BLOCK 013, LOT 7, 8
Census Tract020203
Assessed Land Value$32,000
Assessed Improvement Value$223,658
Assessment Year2025

About this property

Welcome to 2 Holly Court, a beautifully refreshed 3-bedroom, 2-bath brick home situated on a 1-acre corner lot with NO HOA in the sought after community of Morgan’s Point Resort. Tucked away on a quiet cul-de-sac and located just one street from Belton Lake, this property offers the perfect combination of space, privacy and convenient access to the lake. The interior features a spacious living room flowing into the dining area, stainless steel appliances, fresh paint throughout the entire home including the garage, along with new carpet in all bedrooms. The backyard offers a covered patio, fire pit and mature trees creating shade and privacy. Additional highlights include aerobic septic, city water, central heat/air and newly replaced roof and gutters. Parks, walking trails and outdoor recreation just minutes away. Enjoy all that Belton Lake has to offer while still being close to everyday conveniences.

Investor Tools

$95,893Estimated Mortgage Balance
$181,107Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Carolyn Brown

Worth Clark Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,806
$255,658
2025
$32,000
$223,658
$255,658
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,806
$255,658

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Va
$127,800
Yes
First
Apr 13, 2015
May 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,893
$181,107
65%
35%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,360/mo
N/A
+$1,360/mo
5.9%

City: Morgans Point Resort

2 Holly Ct | Property Details | No Agent List