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Three-Duplex Multifamily Property
New
For Sale
$425,000

905-909 Shepherd Street, Morgan, TX 76671

Three duplexes offer flexible acquisition options, with select units currently leased in Morgan.

Property Size7,048 SF
Price / SF$60.30
Days on Market5

Property Features for 905-909 Shepherd Street

General Information

Standard status Active
Size 7,048 SF
Property subtype Duplex

Building Details

Year Built 2001
Buildings 3
Listing Agency: Magnolia Realty
Listed By: Rene Jensen · License #0715148
Source: Lonestarluxuryrealty
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 6 at 3:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Magnolia Realty

Investment Insights

Based on property information with market context.

This multifamily offering includes three duplex properties at 905, 907, and 909 Shepherd Street in Morgan. The buildings were constructed in 2001 and contain a combined 7,048 square feet. Buyers may acquire one duplex, two duplexes, or the complete three-property offering, creating multiple purchase configurations within the same asset group.

Select units are leased, providing existing occupancy across part of the portfolio. The properties are situated near local schools, everyday conveniences, and recreational attractions at Lake Whitney. The offering may be purchased individually or together, subject to the selected acquisition configuration.

Key Highlights

  • Three duplexes at 905, 907, and 909 Shepherd Street
  • Combined property size of 7,048 square feet
  • Built in 2001

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Bakery Hair Salon Nail Salon Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 76671, TX

1,988
Population
1,158
Households
1.7
Avg Household Size
51
Median Age
13%
College-Educated
87%
High-School Grad
75.1 sq mi
ZIP Area
26
Density / Sq Mi
$69,054
Median Household Income
$45,852
Median Earnings
$1,000
Median Rent
$203,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Three duplexes offer flexible acquisition options, with select units currently leased in Morgan.
Where is this duplex located?
The property is located at 905-909 Shepherd Street Morgan, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three duplexes at 905, 907, and 909 Shepherd Street; Combined property size of 7,048 square feet; Built in 2001
More about this property
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