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$489,000

1502 Barbara St, Highlands, TX, 77562

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,635 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.58 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesSide Yard
Lot Size39,997 sqft

Building Information

Year Built2000
Stories1
Garage Spaces2

Land Information

APN0760790020026
Lot Number5,18
SubdivisionHighland Reservoir
Land UseResidential
Legal DescriptionLTS 5 & 18 BLK 2 HIGHLAND RESERVOIR
Census Tract252902
Assessed Land Value$72,000
Assessed Improvement Value$316,297
Assessment Year2025

About this property

Tucked inside Highland Reservoir, this stunning one-story home sits on almost a acre that offers peaceful living. From the moment you arrive, you’ll notice the space and versatility—featuring a long drive way that leads you to the 40x35 metal shop/building where you can park 3 additional vehicles/boats/trailers and to the 2-car oversized attached garage. Inside, the 4-bedroom, 2.5-bath layout includes a spacious open concept, high ceiling living area and a beautifully designed kitchen ready for gatherings. In the dining you can take in the added electric fireplace. Off the living area is an added flex space with doors to the patio and garage. Step outside to your sparkling pool & hot tub and enjoy days & evenings with outdoor living. Never go without power with the whole home Generac (2022)! Thoughtful upgrades include: HVAC & Roof replaced 2021, PEX and Copper plumbing, Water Heater 2026 and more! No HOA. This is country-style living with convenience.

Investor Tools

$0Estimated Mortgage Balance
$388,297Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

Interested in this property?

D'Ann Fleming

JLA Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,073
$388,297
2025
$72,000
$316,297
$388,297
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,073
$388,297

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$388,297
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
N/A
+$2,090/mo
6.5%

City: Highlands

1502 Barbara St | Property Details | No Agent List