Pending

Price cut: $13K (2/4)

$265,000

405 N Magnolia St, Highlands, TX 77562

3beds

2,264sqft

Est.:

Single Family Residence

Built in 1930

0.3 Acres Lot

$251,600 Zestimate^®

$117/sqft

$-- HOA

What's special

Dedicated office spaceTwo-car garageBeautiful spacious backyardNew roof

Beautifully Maintain Home on an Oversized Lot in Highlands, Texas. Welcome to this well-maintained 3/2 bedroom, 2.5 bath home featuring a dedicated office space and numerous updates, including a new roof and new double-pane windows for energy efficiency and peace of mind. This property offers exceptional income producing potential with a bonus room featuring a private entrance - previously used as a beauty salon and seamstress shop. Behind the two-car garage, you will find an additional 456 Sq Foot efficiency apartment, perfect for mother-in-law quarters, guest accommodations, or rental income. Situated on an oversized, unrestricted lot, the home boasts a beautiful, spacious backyard and back porch ideal for entertaining, gardening or future expansion. A rare opportunity with flexible use options - don't miss your chance to own a versatile property in the heart of Highlands!

123 days

290

13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Rooms

Room types: Quarters/Guest House

Primary bathroom

Features: Primary Bath: Separate Shower

Kitchen

Features: Kitchen open to Family Room

Heating

Natural Gas

Cooling

Electric

Appliances

Included: Microwave, Gas Range, Dishwasher

Features

Has fireplace: No

Interior area

Total structure area: 2,264
Total interior livable area: 2,264 sqft

Property

Parking

Total spaces: 2
Parking features: Detached
Garage spaces: 2

Accessibility

Accessibility features: Master Bath Disabled Access

Features

Stories: 1

Lot

Size: 0.3 Acres
Features: Other, 0 Up To 1/4 Acre

Details

Parcel number: 0572680270006

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Pillar/Post/Pier
Roof: Composition

Condition

New construction: No
Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public, Water District

Community & HOA

Community

Subdivision: Elena Townsite

Location

Region: Highlands

Financial & listing details

Price per square foot: $117/sqft
Tax assessed value: $245,325
Annual tax amount: $5,177
Date on market: 11/16/2025
Listing terms: Cash,Conventional,FHA,VA Loan
Road surface type: Asphalt

Estimated market value

$251,600

$239,000 - $264,000

$1,862/mo

Price history

Date	Event	Price
3/13/2026	Pending sale	$265,000$117/sqft
Source: HAR #34665068 Report a problem
2/4/2026	Price change	$265,000-4.7%$117/sqft
Source: HAR #34665068 Report a problem
11/16/2025	Listed for sale	$278,000$123/sqft
Source: HAR #34665068 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$245,325
2024	$75	$245,325 -0.2%
2023	--	$245,810 +33.8%
2022	$72	$183,774 +10.9%
2021	--	$165,647 +15.8%
2020	$72	$143,034
2019	$72 -93.5%	$143,034
2018	$1,102	$143,034
2017	$1,102 +17.4%	$143,034
2016	$938 -7.6%	$143,034
2015	$1,016	$143,034 +23.8%
2014	$1,016	$115,509 -1.1%
2013	--	$116,776 +7%
2012	--	$109,148
2011	--	$109,148
2010	--	$109,148
2009	--	$109,148 +13.5%
2007	--	$96,206
2006	--	--
2005	--	$103,076 +226.2%
2003	--	$31,600