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$292,147

NAL Estimated Property Value

700 E Houston St, Highlands, TX, 77562

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,425 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.09 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Free-Standing Range
FlooringCarpet, Laminate, Wood, Vinyl

Exterior

Lot Size1.78 acres

Building Information

Year Built1948
Garage Spaces3

Land Information

APN0572700000082
SubdivisionElena Townsite
Land UseResidential
Legal DescriptionTRS 18B & 18F BLK 72B ELENA TOWNSITE
Census Tract252902
Assessed Land Value$136,087
Assessed Improvement Value$156,060
Assessment Year2025

About this property

Cute farmhouse with updates - new flooring in most of home plus original wood floors have been refinished in a few rooms - kitchen with brand new cabinets and granite countertops - formal living plus den, sunroom, and formal dining with corner built-ins - finished attic space/loft area with 2 rooms and tons of potential - detached garage plus carport with door leading into sunroom - fireplace in den and spacious indoor utility area - 2nd driveway gives access to rear acreage -

Investor Tools

Property Icon
$292,147
Estimated Property Value
$235,303Estimated Mortgage Balance
$56,844Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,753 /month
Positive
Cash Flow Estimate:
$584 /month

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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
$1,380
$292,147
2025
$136,087
$156,060
$292,147
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,380
$292,147

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$255,750
Yes
First
Feb 25, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$235,303
$86,697
26%
81%
$1,534/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,534/mo
+$188/mo
7.1%

City: Highlands

700 E Houston St | Property Details | No Agent List