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$668,750

NAL Estimated Property Value

303 Jones Rd, Highlands, TX, 77562

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,790 Sq Ft
price_per_sqft$240.22 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Concrete, Vinyl

Exterior

Lot Size7.18 acres

Building Information

Year Built2016
Stories1
Garage Spaces4

Land Information

APN0591480100005
SubdivisionHighland Farms
Land UseResidential
Legal DescriptionTRS 3A & 3B-1 BLK 10 HIGHLAND FARMS
Census Tract252902
Assessed Land Value$449,787
Assessed Improvement Value$218,963
Assessment Year2025

About this property

This beautiful ranch style home built in 2016 sits on 7.8 acres of unrestricted land. The main home is a 4 bedroom home, all bedrooms are oversized, and 2 full baths. Roomy kitchen with bar and breakfast area that opens up to a spacious living room with high ceilings. Enjoy your morning coffee on while sitting under the large covered porch in the front of the home or watch the sunset on your back patio. The property is fully fenced, cleared and has a pond towards the back. Plenty of room for your horses and dogs to roam. It features a large shop with power running from the home, animal pens, tack room, and 1 smaller home that could be remolded for a possible guest/in law suite. Security cameras installed. Enjoy country living while only minutes from I10. * seller to retain all 100% of mineral rights to property*

Investor Tools

Property Icon
$668,750
Estimated Property Value
$397,674Estimated Mortgage Balance
$271,076Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,013 /month
Positive
Cash Flow Estimate:
$1,338 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,681
$668,750
2025
$449,787
$218,963
$668,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,681
$668,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$386,000
No
First
Aug 2, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,674
$271,076
40%
59%
$2,597/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,597/mo
$-371/mo
4.0%

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: Highlands

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303 Jones Rd | Property Details | No Agent List