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$355,000

NAL Estimated Property Value

1112 S Main St, Highlands, TX, 77562

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.96 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
AppliancesGas Oven, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size1.62 acres

Building Information

Year Built1950
Stories1
Garage Spaces4

Land Information

APN0402880000020
SubdivisionNathaniel Lynch Survey Abstract #44
Land UseResidential
Legal DescriptionTR 4A ABST 44 N LYNCH
Census Tract252901
Assessed Land Value$94,040
Assessed Improvement Value$141,834
Assessment Year2025

About this property

UNRESTRICTED! Approximately 1.6 acres conveniently located on Main Street in Highlands not far from Interstate 10 on the outskirts of Baytown and minutes to downtown Houston. This home could be residential or commercial. Featuring a beautiful park like setting in a high traffic area and a long driveway with parking in front and back. The detached 32 x 24 structural steel building located at the back of the property is large enough to park 3 cars and has potential for a home business, workshop and more. There is also a freestanding covered carport. The steel roof has industrial foam insulation. Exterior of the home is California redwood. From the kitchen access a screened 20 x 12 porch with a door leading to the outside. Three bedrooms 2 full baths and one half bath. The large bedroom currently used for a living area with door leading to back yard. Large kitchen has plenty of storage. Main living area is attached to the formal dining area with high ceilings and structural beams.

Investor Tools

Property Icon
$355,000
Estimated Property Value
$356,510Estimated Mortgage Balance
$22,490Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$107
$235,874
2025
$94,040
$141,834
$235,874
No

Tax History

Year
Tax Paid
Assessed Value
2024
$107
$235,874

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Solutions Of Colorado Llc
Conventional
$362,900
No
First
May 14, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$356,510
$22,490
5%
100%
$2,176/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,176/mo
$-454/mo
5.8%

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: Highlands

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1112 S Main St | Property Details | No Agent List