$187,000
NAL Estimated Property Value203 Meadowlake Ln, Highlands, TX, 77562
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size8,851 sqft
Building Information
Year Built1960
Stories1
Garage Spaces1
Land Information
APN0942930000194
Lot Number194
SubdivisionHighland Park
Land UseResidential
Legal DescriptionLT 194 BLK 9 HIGHLAND PARK SEC 3
Census Tract252902
Assessed Land Value$55,335
Assessed Improvement Value$90,415
Assessment Year2025
About this property
This Cutie will be your favorite! Quiet area, yet close to everything. Come see for yourself. Lovely updated inside and out. Recent Shingles and HVAC unit. Open living and breakfast areas keep everyone in the mix. Wonderful covered patio & Large yard is fully fenced and perfect for you.
Investor Tools
$187,000
Estimated Property Value
$127,504Estimated Mortgage Balance
$59,496Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$150/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$862
$145,750
2025
$55,335
$90,415
$145,750
No
Tax History
Year
Tax Paid
Assessed Value
2024
$862
$145,750
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Fha
$134,518
Yes
First
Apr 30, 2021
May 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,504
$86,496
40%
68%
$848/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$848/mo
+$874/mo
11.1%
