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$435,000

2920 Grace Ln, Highlands, TX, 77562

$565,500 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,128 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.07 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Cooktop
FlooringCarpet, Tile

Exterior

Lot Size1.88 acres

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN1117980000011
Lot Number11
SubdivisionGrace Timbers
Land UseResidential
Legal DescriptionLT 11 GRACE TIMBERS SEC 1 U/R
Census Tract252800
Assessed Land Value$47,393
Assessed Improvement Value$211,712
Assessment Year2025

About this property

Nestled on nearly 2 acres of peaceful, unrestricted country living, this lovely home showcases a spacious primary bedroom with abundant windows and an attached spa-like bathroom featuring dual sinks and built-in storage. Upstairs, two generous bedrooms and an office await. With plenty of parking and outdoor space for gatherings, this property also includes a roof with a lifetime warranty. Don't miss this fantastic opportunity in Crosby.

Investor Tools

$130,224Estimated Mortgage Balance
$310,776Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$565,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,646 /month
Positive
Cash Flow Estimate:
$882 /month

Interested in this property?

Steve Kinney

JLA Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$299/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,383
$259,105
2025
$47,393
$211,712
$259,105
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,383
$259,105

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal United Mortgage Llc
Stand Alone First / Home Equity First Lien
$150,000
No
First
Oct 16, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,224
$310,776
70%
30%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$900/mo
+$822/mo
4.7%

City: Highlands

2920 Grace Ln | Property Details | No Agent List