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$507,000

NAL Estimated Property Value

1003 E Wallisville Rd, Highlands, TX, 77562

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,378 Sq Ft
price_per_sqft$231.29 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Lot Size4.09 acres

Building Information

Year Built1925
Stories1
Garage Spaces5

Land Information

APN0591400170012
SubdivisionElena Fruit & Cotton Farms C
Land UseResidential
Legal DescriptionTRS 17D & 17G BLK 17 ELENA FRUIT & COTTON FARMS C
Census Tract252902
Assessed Land Value$298,440
Assessed Improvement Value$173,419
Assessment Year2025

About this property

This picturesque Highlands 4BR/2.5BA is nestled on four acres and combines the convenience of town with the ability to have all those country amenities you can't have in an HOA-based neighborhood. Convenient to all the shopping & dining options nearby and right across the street from Highlands Jr high & the sports complex. The home’s living areas seamlessly flow together making it great for gatherings. Kitchen with massive island, granite counters, stainless appliances, bronze fixtures. Master suite with walk-in closet, master bath with jetted spa tub, vast walk-in shower with multiple shower heads. Covered patio with electric, dual fans, bricked knee wall & tree ring. Cool off in the pool then hang out on the deck and soak in the sun. Oversized boat barn, huge 27x37 workshop with electric and lighting for all your toys. 3-sided metal storage shed and 3 stall horse barn with electric & water in the stalls. Cross-fenced arena for your horses to roam. Extra space in back for expansion.

Investor Tools

Property Icon
$507,000
Estimated Property Value
$824,388Estimated Mortgage Balance
$507,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,033
$471,859
2025
$298,440
$173,419
$471,859
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,033
$471,859

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Credit Line (Revolving) / Heloc
$318,750
No
First
Sep 12, 2022
Oct 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$824,388
N/A
0%
163%
$5,102/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,102/mo
$-3,380/mo
4.1%

City: Highlands

1003 E Wallisville Rd | Property Details | No Agent List