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$338,000

35 Highland Dr, Ransom Canyon, TX, 79366

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,310 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.4 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRange, Disposal, Free-Standing Electric Range, Free-Standing Range, Water Heater

Exterior

Lot Size15,457 sqft

Building Information

Year Built1981
Roof Type114
Garage Spaces2

Land Information

APNR135927
Lot Number120
SubdivisionLake Ransom Canyon
Land UseResidential
Legal DescriptionLAKE RANSOM CANYON BLK 11 L 12 & 13
Census Tract010700
Assessed Land Value$11,902
Assessed Improvement Value$227,903
Assessment Year2025

About this property

This is an estate sale and this home has never been for sale before. This home has great bones and has been left unattended for several years. The estate has had it painted and will give a flooring allowance to the new buyer. It needs some TLC but has been totally cleaned and ready for you to make it your own. Featuring a large den with fireplace, 3 large bedrooms all with walk-in closets, 2 full baths with a jack and jill for guest bedrooms, plus a half bath, separate tub and shower, and storage galore. Two bedrooms have built-in bookshelves. The lot is large enough for a motor home or workshop or both on the west side. This is 1 & 1/2 lots with some mature trees and shrubs. Come see what you can do with this spacious home to make it yours. New gas line installed October 2020. HOA fees are only $90 per year per. Enjoy all that Ransom Canyon has to offer!!!

Investor Tools

Property Icon
$338,000
Estimated Property Value
$210,123Estimated Mortgage Balance
$149,435Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,260
$239,805
2025
$11,902
$227,903
$239,805
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,260
$239,805

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Fha
$210,123
Yes
First
Jan 27, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,565
$149,435
44%
56%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,670/mo
$1,320/mo
+$350/mo
5.9%

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: Ransom Canyon

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