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$399,000

507 Brompton Ln, Highlands, TX, 77562

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths3,285 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.46 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size6,900 sqft

Building Information

Year Built1993
Stories2
Garage Spaces2

Land Information

APN1151750020002
Lot Number2
SubdivisionHighland Woods
Land UseResidential
Legal DescriptionLT 2 BLK 2 HIGHLAND WOODS SEC 2
Census Tract252901
Assessed Land Value$41,400
Assessed Improvement Value$312,605
Assessment Year2025

About this property

Come Home For the Holidays - Huge 4 or 5 bedroom home with both formals plus a home office/study - bonus of 1st and 2nd story screened porches - all on a double-corner lot with beautiful in-ground pool - walk through the front door and you are greeted by a two-story foyer with a beautiful oak banister (perfect for decorating for the holidays) - to the left is the formal living and formal dining space - straight into the hallway is the 1/2 bath and then the family room which includes the fireplace - kitchen, breakfast, and family room are open to each other - all this overlooks the 1st story screened patio - out the door you will find the oversized backyard and in-ground sparkling pool - also a concrete patio and Generac - upstairs are the 4 bedrooms plus the home office/study which could be the 5th bedroom - Primary bedroom is spacious enough for a sitting area plus the bonus of a 2nd story screened balcony overlooking the backyard - This one is ready for a new family to call HOME!

Investor Tools

$82,661Estimated Mortgage Balance
$271,344Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Melanie Wingate

Bates-Brinkley Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$301/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,837
$354,005
2025
$41,400
$312,605
$354,005
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,837
$354,005

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citimortgage Inc
Arm (Adjustable Rate Mortgage)
$145,600
No
First
Aug 27, 2007
Sep 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,661
$271,344
76%
23%
$861/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,111/mo
+$979/mo
7.1%

City: Highlands

507 Brompton Ln | Property Details | No Agent List