$140,000
8610 Honeysuckle St, Highlands, TX, 77562
$182,000 ARV
On Market
Property Lead Type:
Must-SellDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Oven, Electric Range, Dishwasher
FlooringLaminate
Exterior
Lot Size9,461 sqft
Building Information
Year Built1978
Stories1
Garage Spaces2
Land Information
APN1131580000057
Lot Number57
SubdivisionCountry Terrace U/R
Land UseResidential
Legal DescriptionLT 57 COUNTRY TERRACE U/R
Census Tract253000
Assessed Land Value$50,941
Assessed Improvement Value$132,524
Assessment Year2025
About this property
INVESTORS / HANDYMEN THIS PROPERTY IS WHAT YOU HAVE BEEN LOOKING FOR. With 4-bedroom, 2-bathroom home sitting on a generous lot in Highlands, complete with a covered back patio and storage shed. Excellent layout with endless potential, primed for a renovation project or buy-and-hold rental. HOME IS BEING SOLD AS-IS — SELLER WILL MAKE NO REPAIRS. The sale price reflects the repairs needed.
Investor Tools
$92,966Estimated Mortgage Balance
$135,034Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$182,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,104
$183,465
2025
$50,941
$132,524
$183,465
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,104
$183,465
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
1st Alliance Mortgage Llc
Conventional
$108,750
No
First
Jul 1, 2019
Aug 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,966
$135,034
59%
41%
$653/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$653/mo
+$1,437/mo
11.0%
