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$223,000

NAL Estimated Property Value

602 Holly Drive, Highlands, TX, 77562

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,420 Sq Ft
price_per_sqft$138.03 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesSide Yard
Lot Size36,355 sqft

Building Information

Year Built1969
Stories1
Garage Spaces3

Land Information

APN1001100000030
Lot Number30,31
SubdivisionBluebonnet Hills U/R
Land UseResidential
Legal DescriptionLTS 30 & 31 BLUEBONNET HILLS U/R
Census Tract252902
Assessed Land Value$109,065
Assessed Improvement Value$86,935
Assessment Year2025

About this property

Three bedroom, two full bathrooms, two car garage attached. Home is in good condition. Needs updating. Huge yard and workshop! Workshop has a half bath. Has two driveways onto property. Park your boat or RV on left side. No HOA!

Investor Tools

Property Icon
$223,000
Estimated Property Value
$180,375Estimated Mortgage Balance
$42,625Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$102/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$105
$196,000
2025
$109,065
$86,935
$196,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$105
$196,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Matador Lending Llc
Conventional
$186,200
No
First
Aug 29, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,375
$42,625
19%
81%
$1,117/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,117/mo
+$605/mo
9.3%

City: Highlands

602 Holly Drive | Property Details | No Agent List