$237,000
NAL Estimated Property Value604 E Houston St, Highlands, TX, 77562
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Oven, Free-Standing Range, Gas Range, Dishwasher
FlooringLaminate, Vinyl, Wood
Exterior
Lot Size17,398 sqft
Building Information
Year Built1945
Stories1
Garage Spaces4
Land Information
APN0572700000088
SubdivisionElena Townsite
Land UseResidential
Legal DescriptionTR 19A BLK 72B ELENA TOWNSITE
Census Tract252902
Assessed Land Value$62,640
Assessed Improvement Value$116,418
Assessment Year2025
About this property
Spacious home on large lot ready for a new family. This home has original wood floors, laminate and vinyl in baths - kitchen includes plenty of storage and prep space/countertops - has both a formal living and den area - garage has extra storage room plus workshop area - huge fenced backyard is ready for your outdoor projects - double garage plus double carport
Investor Tools
$237,000
Estimated Property Value
$130,584Estimated Mortgage Balance
$106,416Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$172/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$880
$179,058
2025
$62,640
$116,418
$179,058
No
Tax History
Year
Tax Paid
Assessed Value
2024
$880
$179,058
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$147,283
Yes
First
Jul 30, 2020
Aug 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,584
$119,416
47%
55%
$884/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$884/mo
+$838/mo
8.7%
