Last 24 Hours
$369,000
1316 N Main St, Highlands, TX, 77562
On Market
Just Added
3 Beds
1 Bath
1,150 Sq Ft
Single Family Residence
$320.87 / sqft
Built in 1960Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Indoor Fireplace
Garage Available
Heating Central
CoolingExterior
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
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ContactFinancing 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%
12.4%