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$422,000

NAL Estimated Property Value

708 Jones Rd, Highlands, TX, 77562

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,433 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.24 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size5.00 acres

Building Information

Year Built1940
Stories1
Garage Spaces2

Land Information

APN0591480090145
Lot Number19,20
SubdivisionHighland Farms
Land UseResidential
Legal DescriptionW 1/2 OF LT 19 & E 1/2 OF LT 20 BLK 9 HIGHLAND FARMS
Census Tract252902
Assessed Land Value$392,028
Assessed Improvement Value$29,972
Assessment Year2025

About this property

Quaint little 3/2/2 home on 5 acres. The home is fenced and offers mature trees, a porch, covered back patio. 2 car detached garage and large workshop. The interior requires some repair and TLC. There are 3 bedrooms and 2 baths, a living/dining combo, kitchen with breakfast room and a large utility room. Enjoy the bounty from 30+ pecan trees, 2 pear trees and 2 fig bushes! Convenient to schools, restaurants and a quick commute to I-10.

Investor Tools

Property Icon
$422,000
Estimated Property Value
$0Estimated Mortgage Balance
$422,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,532 /month
Positive
Cash Flow Estimate:
$844 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$422/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,951
$422,000
2025
$392,028
$29,972
$422,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,951
$422,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$422,000
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
4.9%

City: Highlands

708 Jones Rd | Property Details | No Agent List