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Duplex with Dual Three-Bedroom Units
For Sale
$142,000

907 Shepherd Street, Morgan, TX 76690

ResidentialIncome, Morgan, TX

Property Size2,580 SF
Lot Size0.14 Acres
Price / SF$55.04
Days on Market47

Property Features for 907 Shepherd Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 2
Half bathrooms 2
Rooms Bedroom 1, Bedroom 6, Bathroom 4, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 3
Parking 2
Parking features Open, Carport
Subdivision Morgan Ot
Elementary school Morgan
Middle school Morgan
High school Morgan
Elementary school district Morgan ISD
Middle school district Morgan ISD
High school district Morgan ISD
Directions GPS: 907 Shepherd St. Morgan, Tx
Standard status Active
APN R31421
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description MORGAN OT BLOCK 28 LOT 7
Tax Annual Amount 3252
Legal Description MORGAN OT BLOCK 28 LOT 7

Utilities

Heating system Central, Electric (Heating)
Cooling system Central Air, Electric

Building Details

Year built 2001
Floors in Building 2
Number of units 2
Flooring type Carpet, Tile
Building materials Rock, Stone
Roof type Composition
Listing Agency: Magnolia Realty
Listed By: Joanna Pace · License #0715148
Added: Aug 1 Changed: Sep 14 Last Checked: Sep 16 at 2:06PM
MLS# 21347800

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2001, this duplex contains 2,580 square feet across two residential units, with each unit offering 3 bedrooms and 1.5 bathrooms. Rock and stone construction, composition roofing, tile and carpet flooring, central air, and electric heating support the property’s existing residential configuration. Parking includes both carport and open spaces on the 0.144-acre lot.

The property is located in Morgan, with access to nearby schools, local amenities, and Lake Whitney recreation. Its two-unit layout provides separate living spaces within one residential income property, offering flexibility for an owner occupant or rental operation without adding unsupported assumptions about use.

Key Highlights

  • 2,580‑square‑foot duplex with two residential units
  • Each unit includes 3 bedrooms and 1.5 bathrooms
  • Built in 2001 on a 0.144‑acre lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Bakery Grocery & Convenience Store 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.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 76690, TX

1,473
Population
710
Households
2.1
Avg Household Size
39
Median Age
17%
College-Educated
83%
High-School Grad
89.7 sq mi
ZIP Area
16
Density / Sq Mi
$43,958
Median Household Income
$41,958
Median Earnings
$1,158
Median Rent
$151,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two residential units offer flexible occupancy and rental-income potential in a small-town setting near Lake Whitney recreation.
Where is this duplex located?
The property is located at 907 Shepherd Street Morgan, TX.
What is the asking price?
The asking price for this property is $142,000.
What are key features of this property?
This property features: 2,580‑square‑foot duplex with two residential units; Each unit includes 3 bedrooms and 1.5 bathrooms; Built in 2001 on a 0.144‑acre lot
More about this property
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