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$317,000

1215 Highland Square Ln, Houston, TX, 77091

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,468 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.79 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size1,725 sqft

Building Information

Year Built2022
Garage Spaces1

Land Information

APN1452850010006
Lot Number6
Land UseResidential
Legal DescriptionLT 6 BLK 1 HIGHLAND COMMONS
Census Tract531800
Assessed Land Value$56,430
Assessed Improvement Value$169,569
Assessment Year2025

About this property

Phase 1 closeout pricing! MOVE IN READY! Welcome to Highland Commons by CitySide Homes, a remarkable gated community offering an unrivaled range of amenities that redefine city living. At the heart of Highland Commons, a central pavilion serves as a captivating focal point. Cool off in the pristine pool, inviting you to take a refreshing dip on hot summer days. The covered pavilion provides an ideal setting for entertaining, while the two dog parks allow furry friends to frolic in their own dedicated spaces. Picnic tables beckon for leisurely outdoor meals, and a turfed Bocce Ball and Corn Hole offer friendly competitions for all to enjoy. Ample guest parking is thoughtfully dispersed throughout the community, ensuring ease and comfort for visitors. Each home includes a home office, and a flex space that can be upgraded to a third bedroom. Private fenced yards standard in every home.

Investor Tools

Property Icon
$317,000
Estimated Property Value
$0Estimated Mortgage Balance
$317,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
$1,495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,769
$225,999
2025
$56,430
$169,569
$225,999
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,769
$225,999

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$308,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,495/mo
+$227/mo
6.5%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1215 Highland Square Ln | Property Details | No Agent List