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$601,080

NAL Estimated Property Value

916 Highlands Ave, Aledo, TX, 76008

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.48 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Refrigerator
FlooringTile, Wood

Exterior

Lot Size8,625 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APNR000116923
Lot Number61
SubdivisionParks Of Aledo Bluffs
Land UseResidential
Legal DescriptionACRES: 0.198 LOT: 61 BLK: D SUBD: PARKS OF ALEDO BLUFFS PC E-706
Census Tract140707
Assessed Land Value$75,000
Assessed Improvement Value$526,080
Assessment Year2025

About this property

This beautifully designed custom home in Parks of Aledo is now available for lease and offers the perfect blend of elegance and everyday comfort. Featuring four spacious bedrooms, three full bathrooms, and a private office, this home is filled with thoughtful details and high-end finishes throughout. Inside, you’ll find hand-scraped red oak hardwood floors, crown molding, and custom casings that elevate every room. The open-concept kitchen is a true centerpiece, boasting a Kitchenaid appliance package, an impressive 11-foot quartz island, a pot filler, and designer lighting. A 12-foot Marvin French sliding patio door floods the main living space with natural light and leads to the private backyard, creating the ideal space for both relaxing and entertaining. Each secondary bedroom includes custom closet systems, and the laundry room is outfitted with built-in cabinetry for added convenience. With spray foam insulation, an oversized two-car garage, and an epoxy-coated garage floor, no detail has been overlooked. Zoned to highly rated Aledo ISD schools and surrounded by parks, trails, and community charm, this home offers an exceptional lease opportunity in one of Aledo’s most desirable neighborhoods.

Investor Tools

Property Icon
$601,080
Estimated Property Value
$612,590Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,606 /month
Positive
Cash Flow Estimate:
$1,202 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$982/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$601,080
2025
$75,000
$526,080
$601,080
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$601,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Village Capital & Investment Llc
Va
$631,371
Yes
First
Sep 25, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$612,590
N/A
0%
102%
$3,786/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Aledo

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916 Highlands Ave | Property Details | No Agent List