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B+
NoAgentList RatingHow are grades calculated?Info
Days60Days on Market
Views1view
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$750,000

1002 E County Rd 127, Midland, TX, 79706

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,880 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.3 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Lot Size1.29 acres

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APNR000041295
Lot Number50
SubdivisionRidgeheights
Land UseResidence
Legal DescriptionACRES: 1.286 BLK: 001 LOT: 050 ADDN: RIDGEHEIGHTS ANNEX
Census Tract010127
Assessed Land Value$19,290
Assessed Improvement Value$246,150
Assessment Year2025

About this property

Looking to grow your portfolio or step into real estate investing? This one is already working for you. This unique 2-story home offers 4 beds, 3 baths, 2 living, & 3-car garage, sitting on a corner lot with 1.33 acres. Even better—there is a tenant in place through 11/26, providing built-in income from day one. property include on the south side of home potential (2) RV rental @$900 each month. Space, layout, land—all lined up for long-term portfolio. Serious Investors! Come check out!

Investor Tools

$211,493Estimated Mortgage Balance
$171,507Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,284
$265,440
2025
$19,290
$246,150
$265,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,284
$265,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Loan Servicing Llc
Fha
$229,871
Yes
First
Jan 12, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,493
$171,507
44%
55%
$1,379/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Midland

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