Last 24 Hours
$149,000
NAL Estimated Property Value8522 Thompson Rd, Highlands, TX, 77562
$181,144 ARV
Off Market
3 Beds
2 Bath
1,584 Sq Ft
$104.17 / sqft
Built in 1997Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityVacant Homes
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Heating Central
CoolingExterior
Lot Size1 acre
Building Information
Year Built1997
Stories1
Garage Spaces2
Land Information
APN0591370000642
SubdivisionElena Fruit & Cotton Farms A
Land UseResidential
Legal DescriptionTRS 88D-1 & 88D-2 BLK 88 ELENA FRUIT & COTTON FARMS A
Census Tract253000
Assessed Land Value$65,340
Assessed Improvement Value$21,777
Assessment Year2025
About this property
CALLING ALL INVESTORS! THIS IS A GREAT BUY AND READY TO MOVE. THIS 3 BED 2 BATH SITTING ON AN ACRE OF LAND. THIS PROPERTY WILL WORK WELL AS AN INVESTMENT PROPERTY OR A PRIMARY HOME. THIS IS A GREAT BUY IN THE UP AND COMING HIGHLANDS AREA.
Investor Tools
$149,000
Estimated Property Value
$900Estimated Mortgage Balance
$148,100Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$181,144
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$576
$87,117
2025
$65,340
$21,777
$87,117
No
Tax History
Year
Tax Paid
Assessed Value
2024
$576
$87,117
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Connard B Estes
Seller Carryback / Seller Financing / Seller Take-Back
$47,500
No
First
Sep 4, 1996
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$900
$158,100
99%
1%
$285/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$285/mo
+$1,941/mo
17.9%
12.4%