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$875,000

2601 Lake Cove, Highland Village, TX, 75077

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,755 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.02 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Warming Drawer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size29,120 sqft

Building Information

Year Built1994
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR163323
Lot Number3
SubdivisionHighland Shores Ph 8e
Land UseResidential
Legal DescriptionHIGHLAND SHORES PH 8E BLK IB LOT 3
Census Tract021512
Assessed Land Value$236,806
Assessed Improvement Value$481,794
Assessment Year2025

About this property

On the main level,versatile flex room w built-ins,suitable for dedicated office or 4TH BEDROOM.This elegant home exudes timeless charm while providing modern conveniences.The main floor features open floor plan with a welcoming foyer leading to a well-appointed living room,perfect for entertaining guests.The gourmet kitchen,equipped with ample counter space,flows seamlessly into the dining area,creating a perfect setting for family gatherings.The expansive primary bedroom connects seamlessly to a spa-like ensuite with a walk-through shower,dual vanity sinks,soaking tub and spacious closet.Upstairs,two dedicated bedrooms and two full bathrooms,providing convenience. Outside,beautifully landscaped yard surrounds the home,offering a tranquil oasis for relaxation and recreation.You'll be amazed by the serene picturesque backdrop that awaits as the fresh mint, ferns, wisteria and trumpet vines flourish, creating a scene of unparalleled tranquility and beauty.Steps away from Lewisville lake.

Investor Tools

Property Icon
$767,000
Estimated Property Value
$0Estimated Mortgage Balance
$405,567Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,322/month
$830/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,031
$718,600
2025
$236,806
$481,794
$718,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,031
$718,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lafcu
Conventional
$364,760
No
First
Oct 28, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$361,433
$405,567
52%
47%
$1,875/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,200/mo
$2,705/mo
+$495/mo
5.0%

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.

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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: Highland Village

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