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$319,000

NAL Estimated Property Value

305 Riverside Street, Highlands, TX, 77562

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,404 Sq Ft
price_per_sqft$224.91 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size20,822 sqft

Building Information

Year Built1987
Stories1

Land Information

APN0591380170061
SubdivisionElena Fruit & Cotton Farms A
Land UseResidential
Legal DescriptionTR 4A BLK 17 ELENA FRUIT & COTTON FARMS A
Census Tract252901
Assessed Land Value$52,260
Assessed Improvement Value$203,545
Assessment Year2025

About this property

This home sits on the San Jacinto River gorgeous views 24/7. Home has been remodeled and updated all work was done (2022) , New Roof, New Interior Paint, New Flooring, New Windows, New HVAC System. Start enjoying your little piece of PARADISE TODAY! It is beautiful. Unique floor plan allows for the top floor to be your Master Suite with private balcony. It is the perfect place to enjoy the morning coffee or the evening cocktail. The 2nd level has 2 bedrooms, guest bath, and utility room. Wall of windows on the 1st level let you enjoy the awesome backdrop of the San Jacinto River. Ample water front space to make it your own. The back deck is large enough to entertain all your family and friends. Deep water access, water skiing, jet skiing, boating it's all right here waiting for you. Under the home is a space that you can make your own, garage of sorts, private storage, work shop it can be made into whatever you want. Motivated seller deep price cut ready to close today! Call today!

Investor Tools

Property Icon
$319,000
Estimated Property Value
$273,505Estimated Mortgage Balance
$45,495Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,366
$255,805
2025
$52,260
$203,545
$255,805
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,366
$255,805

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$294,566
Yes
First
Jul 28, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,505
$45,495
14%
86%
$1,767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,767/mo
$-45/mo
6.5%

City: Highlands

305 Riverside Street | Property Details | No Agent List