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$201,000

NAL Estimated Property Value

311 Chesnut Dr, Highlands, TX, 77562

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,478 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.55 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size8,625 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN1127510000007
Lot Number7
SubdivisionHighland Woods
Land UseResidential
Legal DescriptionLT 7 BLK 2 HIGHLAND WOODS SEC 1
Census Tract252901
Assessed Land Value$42,435
Assessed Improvement Value$145,339
Assessment Year2025

About this property

4 sides Brick home with2 car garage. No HOA and Never flooded ,covered back porch ,matrue pecan tree ,fenced back yard.This home also features a large shed, so if you are paying for a storage unit you can reduce monthly costs. Left side of the back yard makes it possible to park a boat or small RV. This home is a short commute to I-10 or Hwy 90. Easy to get to most of the plant jobs towards Baytown as well. Library, Community Center, Park, and Grocery store are all just a few minuets away.

Investor Tools

Property Icon
$201,000
Estimated Property Value
$192,111Estimated Mortgage Balance
$8,889Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$174/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,081
$187,774
2025
$42,435
$145,339
$187,774
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,081
$187,774

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Laura A Lane Etal
Purchase Money Mortgage
$198,000
No
First
Sep 27, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,111
$22,889
10%
96%
$1,188/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,188/mo
+$534/mo
10.3%

City: Highlands

311 Chesnut Dr | Property Details | No Agent List