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$707,000

NAL Estimated Property Value

1112 Highpoint Way, Roanoke, TX, 76262

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,743 Sq Ft
price_per_sqft$215.06 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size8,124 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR693642
Lot Number15
SubdivisionFairway Ranch Phase 3a
Land UseResidential
Legal DescriptionFAIRWAY RANCH PHASE 3A BLK Q LOT 15
Census Tract020312
Assessed Land Value$146,250
Assessed Improvement Value$518,750
Assessment Year2025

About this property

LIKE-NEW DREES SINGLE-STORY LOADED WITH UPGRADES! Surround yourself in the luxury of this stunning home including extensive wood floors, decorative lighting, plantation shutters, a wood-beamed vaulted ceiling & tons of windows for natural light. Prepare meals in the gourmet kitchen boasting quartz counters, stainless steel appliances, 5 burner gas cooktop & double oven, or pamper yourself in the lavish primary suite featuring a tray ceiling, quartz vanities & oversized frameless shower. Entertain in the large media room wired for surround sound, or relax on the covered patio overlooking the sizable backyard. 26' deep garage perfect for XL vehicles. Fairway Ranch offers a pool, playground, dog park, pond & more!

Investor Tools

Property Icon
$707,000
Estimated Property Value
$523,859Estimated Mortgage Balance
$183,141Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,242 /month
Positive
Cash Flow Estimate:
$1,414 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,016/month
$438/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,655
$665,000
2025
$146,250
$518,750
$665,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,655
$665,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$484,000
No
First
Sep 9, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$523,859
$183,141
25%
74%
$3,447/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$3,885/mo
$-1,725/mo
3.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Roanoke

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1112 Highpoint Way | Property Details | No Agent List