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$344,000

404 E Canal Rd, Highlands, TX, 77562

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,000 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.5 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Electric Cooktop

Exterior

Lot Size21,301 sqft

Building Information

Year Built1958
Stories1
Garage Spaces3

Land Information

APN0845090000014
Lot Number13-15
SubdivisionLakeview Terrace
Land UseResidential
Legal DescriptionLTS 13 14 & 15 BLK 2 LAKEVIEW TERRACE
Census Tract252902
Assessed Land Value$149,100
Assessed Improvement Value$107,542
Assessment Year2025

About this property

Discover this beautifully remodeled home, gracefully nestled on approximately half an acre. Boasting four spacious bedrooms and three modern full bathrooms, this residence is designed for comfort and elegance. Abundant windows throughout fill the interior with natural light, creating a warm and inviting atmosphere. The bathrooms are fully updated with contemporary finishes, while the owner’s suite provides a luxurious retreat, perfect for relaxation and rejuvenation. Experience a harmonious blend of style and functionality in this stunning property. stunning wood flooring throughout the house, marble conter tops. Plus, the property comes with brand-new appliances included for your convenience."

Investor Tools

Property Icon
$344,000
Estimated Property Value
$363,298Estimated Mortgage Balance
$0Estimated Equity
-6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$281/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,657
$256,642
2025
$149,100
$107,542
$256,642
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,657
$256,642

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$363,298
Yes
First
May 23, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,345
N/A
0%
111%
$2,335/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$2,335/mo
$-613/mo
6.0%

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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404 E Canal Rd | Property Details | No Agent List