33
Map
414 Avenue E
About This Property
Please find this charming 1939 bungalow in Highlands, TX as your next investment opportunity.
It is a 2 bedroom/1 bath home which has been totally updated and move in ready.
Adding to the charm are the original hardwood floors.
The home also boasts a new roof in 2024 and A/C serviced 2025.
There is an inside laundry room with all appliances included.
The home is currently rented with a lease expiring 12/31/2026.
Also included on the property is a 1 bed/1 bath RV set up as a rental. It has a 40x12 covered deck and storage building/workshop.
Fantastic rental income opportunity!
The homes are on a large corner lot.
This property has no HOA and has never flooded! It is a fantastic location, close to I10 & Hwy 90.
This home is being sold "AS IS".
Call for an appointment or further details.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2026 | Price Decreased |
$169,000
↓ $6K
(3.4%) | |
| Price Decreased | |||
| Jun 17, 2026 | Price Decreased |
$175,000
↓ $10K
(5.4%) | |
| Price Decreased | |||
| Mar 24, 2026 | Listed by JLA Realty | $184,900 | |
| Listed by JLA Realty | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Aug 4, 2025 | Price Decreased |
$185,000
↓ $4K
(2.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017