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$369,000

1316 N Main St, Highlands, TX, 77562

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,150 Sq Ft
price_per_sqft$320.87 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size3.21 acres

Building Information

Year Built1960
Garage Spaces3

Land Information

APN0591370000125
Land UseResidential
Legal DescriptionTR 13B BLK 13 (2,101 SQ FT EASEMENT) ELENA FRUIT & COTTON FARMS A
Census Tract252800
Assessed Land Value$252,552
Assessed Improvement Value$107,048
Assessment Year2025

About this property

Home on 3.21 ACRES on N Main St Highlands, TX – The property has a 3 bedroom/1bathroom house / carport / shed / many shade trees. There are remnants of an old flag attached to the roof. Approx. lot dimensions: front 153’ / back 169’ / left side 839’ / right side 829’ Red border on some photos shows approximate property boundaries. Buyer / agent to independently verify dimensions and allowable lot use.

Investor Tools

$0Estimated Mortgage Balance
$359,600Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

Interested in this property?

Jacqui Narro

Jacqui Narro Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,284
$359,600
2025
$252,552
$107,048
$359,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,284
$359,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$359,600
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
4.4%

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.

Explore Texas Explore This Area
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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