$260,000
605 Julie Ln, Highlands, TX, 77562
$273,979 ARV
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher
FlooringCarpet, Vinyl
Exterior
Lot Size21,327 sqft
Building Information
Year Built1975
Stories1
Garage Spaces2
Land Information
APN1092770000001
Lot Number1,2
SubdivisionFranks Country Manor
Land UseResidential
Legal DescriptionLT 1 & 2 FRANKS COUNTRY MANOR
Census Tract252902
Assessed Land Value$85,320
Assessed Improvement Value$196,886
Assessment Year2025
About this property
check out this 3/2/3 on a double-corner lot - fully fenced yard encompasses a brick home which is a diamond in the rough - ready for a buyer to make exactly what they want - over 1800 sf with indoor utility - bonus is a .46 acre m/l lot and 3 car garage - come on home!
Investor Tools
$0Estimated Mortgage Balance
$282,206Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$273,978
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,693 /month
Positive
Cash Flow Estimate:
$564 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,434
$282,206
2025
$85,320
$196,886
$282,206
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,434
$282,206
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$282,206
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
7.3%
