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B+
NoAgentList RatingHow are grades calculated? Info

$720,412

315 E Canal Rd, Highlands, TX, 77562

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,255 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.69 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size2.95 acres

Building Information

Year Built2010
Stories1
Garage Spaces4

Land Information

APN0572700000067
SubdivisionElena Townsite
Land UseResidential
Legal DescriptionTR 67A BLK 72B ELENA TOWNSITE
Census Tract252902
Assessed Land Value$242,624
Assessed Improvement Value$477,788
Assessment Year2025

About this property

Saltwater pool, basketball court, media room, 4000 Sq foot shop with 1000 sq foot awning, outdoor kitchen, mosquito control system, whole home generator... The ULTIMATE staycation resort perfect for your next pandemic or Texas Freeze! You won't know how you lived without this house once you see it! Custom home with top of the line finishes on just shy of 3 acres that has been fitted with everything your heart could possibly desire. Please do not enter the property without a showing as there are dogs. Call your favorite agent today!

Investor Tools

Property Icon
$720,412
Estimated Property Value
$512,500Estimated Mortgage Balance
$179,387Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,322 /month
Positive
Cash Flow Estimate:
$1,441 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$601/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,616
$720,412
2025
$242,624
$477,788
$720,412
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,616
$720,412

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$512,500
No
First
Sep 27, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$541,025
$179,387
24%
75%
$3,523/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,523/mo
$-1,297/mo
3.7%

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.

Explore Texas Explore This Area
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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315 E Canal Rd | Property Details | No Agent List