124 W Cedar Ln, Murchison, TX, 75778
About This Home
OWNER FINANCING AVAILABLE! SOLD AS IS. Opportunity awaits at 124 W Cedar Lane in the peaceful, gated Callender Lake community. This **site-built home—not a manufactured home—**offers 2 bedrooms, 1 bathroom, and 1,056 square feet of living space on a spacious 0.37-acre double lot measuring approximately 200 feet by 80 feet. The property is livable but needs work, making it a great opportunity for an investor, handyman, or buyer looking to move in and complete improvements over time. The home needs siding, roof work, and interior cosmetic updates, including paneling, paint, and some flooring. The kitchen and bathroom are in excellent condition. The foundation bows at the front of the house, and buyers should perform their own inspections and due diligence. Outside, the property features a large detached garage on a concrete slab, multiple storage sheds, and several covered areas with plenty of room for vehicles, tools, equipment, hobbies, or workshop space. The beautiful double lot offers a quiet, peaceful setting within walking distance of Callender Lake. The gated community features two spring-fed lakes, a boat launch, swimming pool, pavilion with tables and a kitchen, and other recreational amenities. Built in 1989, this property offers a rare combination of a site-built home, large double lot, multiple outbuildings, lake-community amenities, and owner-financing potential. Similar vacant lots in the neighborhood have sold for approximately $35,000. Property is being sold strictly AS IS. Seller will make no repairs.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1989
Materials
- Foundation: Other
- Roof: Composition
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Oven
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Other
- Number of fireplaces: 1
- Fireplace features: Living Room
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total interior livable area: 1,056 sqft
Living Room
- Level: First
- Dimensions: 0 x 0
Master Bedroom
- Level: First
- Dimensions: 0 x 0
Property
Details
- Parcel number: R000034254
Features
- Levels: One
- Stories: 1
- Pool features: None
- Exterior features: Other,Storage
- Fencing: Chain Link
Lot
- Lot size: 0.37 Acres
- Features: Subdivision,Few Trees
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Strong Wind
- Tornado
- Hail
- Heat Wave
- Inland Flooding
- Ice Storm
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $348 | $4,176 |
| Home Insurance * | $50 | $600 |
| Property Taxes | $19 | $228 |
| Electricity | $238 | $2,859 |
| Total | $655 | $7,860 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-07 | Listed for sale | $69,000 |
For Sale by Agent
View on Zillow