Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$279,822

NAL Estimated Property Value

205 Kerry Rd, Highlands, TX, 77562

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
price_per_sqft$155 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Gas Range, Dishwasher
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Lot Size24,267 sqft

Building Information

Year Built1962
Garage Spaces5

Land Information

APN0610510020016
Lot Number12
SubdivisionShamrock
Land UseResidential
Legal DescriptionLT 12 BLK 2 SHAMROCK
Census Tract252902
Assessed Land Value$52,188
Assessed Improvement Value$227,634
Assessment Year2025

About this property

This wonderful home sits on just over 1/2 an acre and has a 600 sq ft guest house that could easily be used as an income producing rental! The guest house/rental has its own gate entrance, partial driveway and utilities. Inside the main home you will find granite counter tops, an open concept floor plan, oversized utility room with plenty of extra storage shelves, and an extra room with endless possibilities! This home has a BRAND NEW AC unit, new flooring in the bathrooms, new ceiling fans, and several other updates. You will also find a large backyard with a shaded above ground pool to help beat this Texas heat, and a batting cage. Schedule your showing and see for yourself all this property has to offer!

Investor Tools

Property Icon
$279,822
Estimated Property Value
$261,079Estimated Mortgage Balance
$18,743Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,835
$279,822
2025
$52,188
$227,634
$279,822
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,835
$279,822

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Fha
$273,946
Yes
First
Oct 26, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,079
$18,743
6%
93%
$1,643/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,643/mo
+$79/mo
7.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

205 Kerry Rd | Property Details | No Agent List