ActiveResidential · sale

1408 Highland Dr

Highland Haven, TX 78654

$725,000

  • 3 beds
  • 3 baths
  • 1,744 sq ft
  • 0.64 acres
  • Built 1977

Listed by Trammell & Associates LLC · MLS #ACT9158267

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The family room features a fireplace and plenty of seating area.

Details worth a look

The lakeside yard is very large and slopes down to the lake where you will find a boat dock with a lift, PWC ramp and fantastic lakeside patio area for enjoying everything the lake has to offer.

Year built

Built in 1977.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Lake LBJ waterfront home located in the highly desired City of Highland Haven. Nestled in the Texas Hill Country this waterfront community has multiple parks and sensible restrictions to maintain homeowner value. The home is a 3 bedroom and 2.5 bath property situated well above the 100 year flood plain and did not flood in the epic 2018 Lake LBJ flood. The family room features a fireplace and plenty of seating area. The kitchen is well equipped and adjoins the dining area. The owner`s suite has a nicely finished private bath. One of the other 2 bedrooms is a 400 square feet bedroom/bunkroom combination that can also be used as a gameroom. It is a great place for the kids!! There is also a large laundry and utility room that also has a half bath that is perfect for access from the lakeside. The lakeside yard is very large and slopes down to the lake where you will find a boat dock with a lift, PWC ramp and fantastic lakeside patio area for enjoying everything the lake has to offer. The is also a large covered patio on the lakeside of the home. One side of the property has an improved concrete storage area. This property also has plenty of parking area for friends and family.

THE NEIGHBORHOOD

Explore the location.

1408 Highland Dr, Highland Haven, TX 78654

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1977
Full baths
2
Half baths
1
Garage spaces
0
Cooling
Ceiling Fan(s), Central Air
Heating
Central, Electric
Appliances
Dishwasher, Electric Range, Electric Water Heater
Flooring
See Remarks
Fencing
Partial
Accessibility
None
Pool features
None
Subdivision
Highland Haven section 3
Parcel
1408 Highland Dr
Elementary school
Highland Lake
Middle school
Marble Falls
High school
Marble Falls
Annual property tax
$7,397.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$3,020.83
Cap rate

Annual operating income:

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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1408 Highland Dr, Highland Haven, TX 78654 · MLS #ACT9158267

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Listing information

MLS #ACT9158267 · Austin Board of Realtors

Listing brokerage: Trammell & Associates LLC
Listing agent: Charlie Trammell

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.