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$275,773

NAL Estimated Property Value

205 Ellis School Rd, Highlands, TX, 77562

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,660 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.45 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Range, Dishwasher

Exterior

Lot Size21,719 sqft

Building Information

Year Built1971
Stories1
Garage Spaces2

Land Information

APN1003510000003
Lot Number3
SubdivisionWilburn Woods U/R
Land UseResidential
Legal DescriptionLT 3 WILBURN WOODS U/R
Census Tract252902
Assessed Land Value$63,542
Assessed Improvement Value$212,231
Assessment Year2025

About this property

Welcome to this Beautiful home on a spacious half-acre lot, tucked away on a quiet street with no through traffic and no neighbors behind. This 4-bedroom, 2-bathroom home boasts a new roof and new bathrooms. Inside, you'll find a spacious living area with high, beamed ceilings and a wood-burning fireplace. The kitchen opens up to the living space, featuring new appliances and fresh paint throughout. Soak up the views out the windows from inside the home where or step outside onto the covered front porch or either of the covered patios. Primary Bedroom and living area have access opening up to the larger, covered patio. Outside you will see a lush yard, beautiful trees, long driveway and extra spaces for vehicles including an area fenced separately for an RV, Boat, Trailer or Toys. The perfect balance of feeling nestled away but also having quick access to everything you need. Bird lovers paradise. Close to I-10, Fishing, Buckie's, All the stores and Restaurants.

Investor Tools

Property Icon
$275,773
Estimated Property Value
$246,882Estimated Mortgage Balance
$28,891Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,655 /month
Positive
Cash Flow Estimate:
$552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,369
$275,773
2025
$63,542
$212,231
$275,773
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,369
$275,773

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$256,500
No
First
Apr 15, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,882
$33,118
11%
90%
$1,538/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,538/mo
+$688/mo
9.7%

City: Highlands

205 Ellis School Rd | Property Details | No Agent List