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$178,000

NAL Estimated Property Value

105 Bishop St, Highlands, TX, 77562

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,140 Sq Ft
price_per_sqft$166.58 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringLaminate

Exterior

Lot Size16,344 sqft

Building Information

Year Built2016
Stories1
Garage Spaces2

Land Information

APN0591480100024
SubdivisionHighland Farms
Land UseResidential
Legal DescriptionTR 6-I BLK 10 HIGHLAND FARMS
Census Tract252902
Assessed Land Value$59,574
Assessed Improvement Value$39,619
Assessment Year2025

About this property

Rural living with city benefits! Well-maintained 2016 Clayton Home with many added features. Large lot with no back neighbors, 2 large oak trees, 20x13 custom workshop, and 20x8 storage container. There is a large garden area in the backyard with 17 fruit trees and is prepped and ready for your next harvest. Laminate flooring throughout the home, a wood-burning fireplace, and a large kitchen area. Off of the kitchen is the primary bedroom and spa-like bathroom, complete with a soaking tub, dual vanity, and a separate shower. The additional two bedrooms and bathroom are off the living area and windows face either the garden or rural land behind the home. The laundry room is off the kitchen and leads to a covered patio overlooking the garden. To the right of the workshop outside, there is a grass area with RV hookups and a pad area to add another manufactured home, complete with a separate electrical meter, water, and sewer. Call today and you could be moved in by the holidays!

Investor Tools

Property Icon
$178,000
Estimated Property Value
$0Estimated Mortgage Balance
$178,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,139 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$543
$99,193
2025
$59,574
$39,619
$99,193
No

Tax History

Year
Tax Paid
Assessed Value
2024
$543
$99,193

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$188,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
11.6%

City: Highlands