ActiveResidential · sale

71 Wrangler Dr

Morgans Point Resort, TX 76513

$699,000

  • 4 beds
  • 3 baths
  • 2,484 sq ft
  • 1.81 acres
  • Built 1995

Listed by Two Lakes Real Estate · MLS #ACT6979157

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71 Wrangler Dr, Morgans Point Resort, TX 76513 · MLS #ACT6979157

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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

The layout is flexible and well-suited for a variety of needs, highlighted by an upstairs game room with a full bathroom — ideal as a second living area, guest suite, or private retreat.

Details worth a look

The backyard is designed for both relaxation and entertaining, featuring a refreshed swimming pool and an updated balcony with elevated views — including a glimpse of Lake Belton.

Year built

Built in 1995.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Tucked away on 1.8 acres in Morgan’s Point Resort, this updated home offers a rare combination of privacy, usable space, and a true connection to the outdoors — all just steps from Lake Belton. Set off the road, the property immediately stands apart. A wide front yard, mature trees, and the natural Corps land directly behind create a setting that feels secluded, quiet, and deeply connected to nature. It’s not uncommon to see deer moving through the property, adding to the everyday experience of lake-area living. Inside, the home has been thoughtfully refreshed and is move-in ready with room to make it your own. Luxury Vinyl Plank flooring and carpet (March 2026) pair with fresh interior paint for a clean, updated feel. The kitchen has been refinished with refreshed cabinetry, offering a cohesive, modern look while maintaining functionality. The layout is flexible and well-suited for a variety of needs, highlighted by an upstairs game room with a full bathroom — ideal as a second living area, guest suite, or private retreat. Outside is where this property really shines. The backyard is designed for both relaxation and entertaining, featuring a refreshed swimming pool and an updated balcony with elevated views — including a glimpse of Lake Belton. Recent exterior improvements, including roof, fascia, and soffits (2025), add long-term value and peace of mind that’s uncommon for homes in this area. While some finishing touches remain, they present an opportunity for the next owner to personalize the home without taking on major projects — a lot of the heavy lifting has already been done. Located in Belton ISD and just minutes from Lake Belton High School, this property combines space, updates, and a setting that’s increasingly hard to find in Morgan’s Point.

THE NEIGHBORHOOD

Explore the location.

71 Wrangler Dr, Morgans Point Resort, TX 76513

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LOCAL MARKET CONTEXT

Bell County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$278,347Up 0.8% vs. the previous 12 months
Months of supply5.912-month average
Days on market11212-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1995
Full baths
3
Half baths
0
Garage spaces
2
Cooling
Central Air
Heating
Central
Appliances
Cooktop, Dishwasher, Disposal, Electric Oven
Flooring
Carpet, Tile, Vinyl
Fencing
Privacy
Accessibility
None
Pool features
In Ground, Outdoor Pool
Subdivision
Morgans Point Resort Sec 9
Parcel
0335370000
Elementary school
High Point
Middle school
North Belton
High school
Lake Belton
Annual property tax
$15,346.20

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$829.59
Estimated monthly rent$2,912.50
Cap rate1.67%

Annual operating income: $11,702.60

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #ACT6979157 · Austin Board of Realtors

Listing brokerage: Two Lakes Real Estate
Listing agent: Blake Lufburrow

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.