$995,000
309 N Highland Ave, Marfa, TX, 79843
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesTankless Water Heater, Gas Range, Dishwasher, Trash Compactor, Refrigerator, Dryer
FlooringHardwood
Exterior
Lot Size8,320 sqft
Building Information
Year Built2005
Land Information
APN131000000040008000000
Lot Number12,8-11
SubdivisionMarfa
Land UseResidential
Legal Description4, MARFA N 71.37 OF LOTS 8-11 & N 71.37 X 12.65OF LOT 12
Assessed Land Value$104,810
Assessed Improvement Value$852,430
Assessment Year2025
About this property
Overwhelming serenity is how The New York Times described this singular example of Gallerist & Interiors guru Barbara Hill's first home in Marfa on the Courthouse Square-As minimal as any Judd work, Hill removed interior adobe walls, stabilized the 100+ year structure with steel beams-layering the walls with a gypsum plaster offering a glow that alternates as the day begins & fades this softness is carried through the 1,800 sq ft main home to a detached casita Outdoors is a private garden oasis.
Investor Tools
$0Estimated Mortgage Balance
$957,240Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,958/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,708
$957,240
2025
$104,810
$852,430
$957,240
No
Tax History
Year
Tax Paid
Assessed Value
2025
$18,708
$957,240
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$957,240
100%
0%
$0/mo
