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$299,999

275 Commerce Ln, Highlands, TX, 77562

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$284.09 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer Included, Refrigerator Included, Washer Included, Gas Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size1 acre

Building Information

Year Built1998
Stories2
Garage Spaces2

Land Information

APN0410400010252
Land UseResidential
Legal DescriptionTR 22A-13 ABST 84 R WHITE
Census Tract252800
Assessed Land Value$54,450
Assessed Improvement Value$89,639
Assessment Year2025

About this property

Charming custom built home situated on a beautiful 1-acre lot! This unique property features 2 bedrooms and 1.5 batts, including a spacious loft style primary bedroom with a half bath overlooking the main living area, The custom kitchen offers quality cabinetry and a functional layout that's perfect for everyday living and entertaining. Step outside to enjoy the peaceful setting complete with a large 30x40 shop ideal for hobbies, storage, or a workshop. This property offers the perfect blend of country charm and custom craftsmanship. Don't miss this opportunity to own this one-of-a-kind property!

Investor Tools

Property Icon
$154,000
Estimated Property Value
$100,000Estimated Mortgage Balance
$62,337Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

Interested in this property?

Melissa Tuttle

JLA Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$67/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$32
$144,089
2025
$54,450
$89,639
$144,089
No

Tax History

Year
Tax Paid
Assessed Value
2024
$32
$144,089

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$100,000
No
First
Feb 7, 2022
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,663
$62,337
40%
60%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$600/mo
+$707/mo
10.2%

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.

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

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275 Commerce Ln | Property Details | No Agent List