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Days47Days on Market
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$365,000

407 Harris Road, Highlands, TX, 77562

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.38 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size19,567 sqft

Building Information

Year Built1990
Stories1
Garage Spaces3

Land Information

APN0631610000051
SubdivisionHarris J A
Land UseResidential
Legal DescriptionTR F2 HARRIS J A
Census Tract252901
Assessed Land Value$32,649
Assessed Improvement Value$184,862
Assessment Year2025

About this property

Fully reimagined, move-in ready home with luxury finishes throughout. This is not a cosmetic flip — everything is new, including roof, AC, electrical, and plumbing, giving you true peace of mind. Open, light-filled layout with custom cabinetry, designer touches, and a modern kitchen that flows seamlessly into the main living areas. Spa-inspired bathrooms with sleek finishes and clean design. Detached garage apartment with its own living space, stove, and restroom — perfect for rental income or guests. Spacious lot with room for RVs, trailers, or future expansion. Very low tax rate!!!! This is more than a home, it’s a smart investment with built-in income potential.

Investor Tools

$30,781Estimated Mortgage Balance
$186,730Estimated Equity
85% 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

Interested in this property?

Rosalba Torres

The Onyx Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$94/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$43
$217,511
2025
$32,649
$184,862
$217,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
$43
$217,511

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commonwealth Mortgage Of Texas Lp
Fha
$83,839
Yes
First
Oct 29, 2003
Nov 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,781
$186,730
85%
14%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
9.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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407 Harris Road | Property Details | No Agent List