$775,000
111 S 8th Street, Highlands, TX, 77562
On Market
Just Added
Property Lead Type:
High EquityCash Buyers
Highlights
Interior
AppliancesElectric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Vinyl Plank
Exterior
Exterior FeaturesBoat Lift, Boat Ramp
Lot Size1.33 acres
Building Information
Year Built1940
Stories1
Garage Spaces3
Land Information
APN0582680310010
Lot Number10A-10D
SubdivisionHighlands Townsite
Land UseResidential
Legal DescriptionLTS 10A 10B 10C 10D & TRS 7A & 8A BLK 31 TRS 8A & 8B ABST 83 J WHITE HIGHLANDS TOWNSITE
Census Tract252901
Assessed Land Value$55,520
Assessed Improvement Value$155,796
Assessment Year2025
About this property
Stunning property on approx. 7.5 acres of usable land featuring a 3/1/1 house with Generac system. Outside, includes a horse barn with fencing/cross-fencing, a 1000 sf shop with lean-to and carport, boat ramp, dock, and lift. Enjoy waterfront living with bulkhead and lush landscaping on the back porch. The circular driveway welcomes guests to this truly unique location with million-dollar views.
Investor Tools
$0Estimated Mortgage Balance
$211,316Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$94/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$75
$211,316
2025
$55,520
$155,796
$211,316
No
Tax History
Year
Tax Paid
Assessed Value
2024
$75
$211,316
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$211,316
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
9.8%
