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$410,000

NAL Estimated Property Value

811 Steele Rd Ste Ele, Highlands, TX, 77562

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,792 Sq Ft
price_per_sqft$239.9 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop

Exterior

Lot Size2.50 acres

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APN0651140010010
Lot Number10
SubdivisionWillow Grove
Land UseResidential
Legal DescriptionLT 10 BLK A WILLOW GROVE
Census Tract252902
Assessed Land Value$98,010
Assessed Improvement Value$311,990
Assessment Year2025

About this property

RARE FIND on 2.5 ACRES! Charming 3-bedroom, 2-bathroom single-family brick home perfectly situated on a spacious corner lot in the peaceful Willow Grove community. Surrounded by mature trees, the property welcomes you with a covered front porch and a bright, airy interior. Designed for comfortable single-story living, the open-concept floorplan includes a spacious living room, an open dining area, and a well-appointed kitchen with a breakfast bar, a center island with a cooktop, and a large pantry. The generous primary bedroom boasts a private bath, while two additional bedrooms share a full bath, offering space for everyone. The private backyard features a covered rear patio, serene wooded views, and shade from the pecan trees. The detached garage, accessible via a covered walkway, offers sheltered parking and storage. Conveniently located near I-10, Baytown, and downtown Houston. This unique property blends tranquility with accessibility—don’t miss the opportunity to make it yours!

Investor Tools

Property Icon
$410,000
Estimated Property Value
$320,247Estimated Mortgage Balance
$89,753Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,579 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,067
$410,000
2025
$98,010
$311,990
$410,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,067
$410,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Matador Lending Llc
Conventional
$328,000
No
First
Jan 8, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,247
$89,753
21%
78%
$1,967/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,967/mo
$-245/mo
5.0%

City: Highlands

811 Steele Rd Ste Ele | Property Details | No Agent List