$8,016

closing credit¹

905-909 Shepherd St Morgan, TX 76690

$675,000
7,048 sqft
$96 / sqft
Multi-Family

Property details

About 905-909 Shepherd St

For Sale: Prime 3-Duplex Portfolio with Expansion Potential Unlock an incredible investment opportunity with this well-maintained portfolio of three duplexes, offering a total dwelling space of 7,048 sqft and ready for their next owners! Each unit offers a strong rental history and is strategically located in Morgan, Texas. This property comes with ample land to build an additional 10+ units, significantly enhancing your cap rate and maximizing your investment potential. Whether you're a seasoned investor or looking to expand your real estate portfolio, this is a rare chance to capitalize on a growing market. Don’t miss out on the opportunity to increase your returns with additional development!

Highlights

Home typeMulti Family
HeatingCentral
StatusActive
CoolingCentral Air
Size7,048 sqft
Year built2000
ParkingCarport, Gravel, On Street, Unpaved
MLS #224378

Summary

  • MLS Number: 224378
  • MLS Name: Waco
  • Office Name: EG Realty
  • Office Phone: (254) 218-4220
  • Office Email: kirk@envisionregrp.com
  • Listing Agent: Kyle Weissler, Kirk Regian

IDX This data is provided by the Waco Association of REALTORS® Multiple Listing Service Inc. Internet Data Exchange is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker is listed on each listing; the information is deemed reliable but not guaranteed accurate. Copyrighted © 2025 Waco Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 1/22/2025, 3:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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drone / aerial view featuring a rural view

$675,000

905-909 Shepherd St

$8,016

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

Meridian Elementary School

Public District PK-5

5.7 mi

550 CR 2515

4

Clifton Elementary School

Public District PK-5

15.5 mi

1000 Key Ave

3

Whitney Intermediate School

Public District 3-5

17.5 mi

301 S San Jacinto St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,289. The most common annual income of people living in Morgan, TX is between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

38%
<35k
47%
35k-100k
9%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
10%
Single, with Kids
35%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
17%
18-34 yrs old
41%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Monster TrucksMonster Trucks
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

This home is located at 905-909 Shepherd St in Morgan, TX and zip code 76671. This 7,048 square foot home was built in 2000. Features: 0 bathroom. It has been listed on Rocket Homes since December 5, 2024 and is currently priced at $675,000.

In December 2024 in Morgan, TX there were 5.3% less homes for sale than in November. While the average time on the market in December 2024 was 153 days, the median list price was $233,000.

From Rocket Homes Real Estate and based on county public records data.

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