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$254,685

NAL Estimated Property Value

115 Jones Rd, Highlands, TX, 77562

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,650 Sq Ft
price_per_sqft$142.42 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Gas Range, Dishwasher, Dryer, Washer
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size15,224 sqft

Building Information

Year Built1949
Stories1
Garage Spaces3

Land Information

APN0591400040004
SubdivisionElena Fruit & Cotton Farms C
Land UseResidential
Legal DescriptionTR 4A BLK 4 ELENA FRUIT & COTTON FARMS C
Census Tract252902
Assessed Land Value$60,900
Assessed Improvement Value$193,785
Assessment Year2025

About this property

Welcome to 115 Jones Rd! This beautifully upgraded 2-bedroom, 2.5-bathroom home boasts just under 1,700 square feet of living space on an oversized lot of nearly 0.4 acres. Enjoy the convenience of a prime location with easy access to I-10, making commuting a breeze. Step outside to discover a spacious covered patio, perfect for relaxing or entertaining. The property features a huge workshop equipped with power, ideal for hobbies or storage. Dive into summer fun with your private pool, surrounded by plenty of yard space for outdoor activities. Inside, you’ll find modern upgrades throughout that enhance both style and comfort. This is the perfect opportunity for those seeking a blend of tranquility and convenience. Don’t miss out on this fantastic home—schedule your viewing today! LOW TAXES! NOT IN A FLOOD ZONE! House has a new roof & a new HVAC system!

Investor Tools

Property Icon
$254,685
Estimated Property Value
$218,906Estimated Mortgage Balance
$35,779Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,528 /month
Positive
Cash Flow Estimate:
$509 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$848
$254,685
2025
$60,900
$193,785
$254,685
No

Tax History

Year
Tax Paid
Assessed Value
2024
$848
$254,685

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Conventional
$224,555
No
First
Dec 12, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,906
$35,779
14%
86%
$1,347/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,347/mo
+$375/mo
8.1%

City: Highlands

115 Jones Rd | Property Details | No Agent List