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$290,941

NAL Estimated Property Value

4011 Lance St, Highlands, TX, 77562

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,747 Sq Ft
price_per_sqft$165.43 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher
FlooringVinyl

Exterior

Lot Size14,000 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN1097340000008
Lot Number18
SubdivisionCanal Terrace U/R
Land UseResidential
Legal DescriptionTR 8A W 1/2 OF LT 18 CANAL TERRACE U/R
Census Tract253000
Assessed Land Value$41,580
Assessed Improvement Value$249,361
Assessment Year2025

About this property

This solar-powered home in the desirable Highlands neighborhood of Canal Terrace comes equipped with a solar generation system and battery backup, ensuring energy efficiency and peace of mind! Nestled on a spacious 0.32-acre lot, this single-story home offers easy living with an open floor plan, new vinyl plank flooring, and updated lighting throughout. The cozy brick fireplace adds warmth on cooler evenings, while central cooling and heating keep you comfortable year-round. The primary bedroom is generously sized, offering potential for a second large bedroom or a home gym. French doors lead out to a stone and paver patio, perfect for outdoor relaxation. The classic brick veneer exterior adds timeless appeal, and the expanded driveway, along with the Duratech foundation with a warranty, ensures lasting durability. Conveniently located near local schools and with easy access to major highways, this home combines sustainable living with modern comfort.

Investor Tools

Property Icon
$290,941
Estimated Property Value
$278,975Estimated Mortgage Balance
$11,966Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,746 /month
Positive
Cash Flow Estimate:
$582 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,109
$290,941
2025
$41,580
$249,361
$290,941
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,109
$290,941

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$285,729
Yes
First
Jan 15, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,975
$11,966
4%
96%
$1,714/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,714/mo
+$512/mo
9.2%

City: Highlands

4011 Lance St | Property Details | No Agent List