$375,000
NAL Estimated Property Value10301 S County Road 1138, Midland, TX, 79706
Recently Sold
7/31/26
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Water Heater, Electric Range, Electric Cooktop
FlooringVinyl
Exterior
Lot Size4.81 acres
Building Information
Year Built1986
Stories1
Garage Spaces2
Land Information
APNR000003831
SubdivisionT&P R R Co Survey
Land UseResidential
Legal DescriptionACRES: 4.810 SW/4 SEC: 3 BLK: 38-T3S
Census Tract010124
Assessed Land Value$57,720
Assessed Improvement Value$11,990
Assessment Year2025
About this property
RARE NEARLY 5 ACRE PRIVATE UNRESTRICTED PROPERTY! Features a cozy 3 bedroom, 2 bath home with major upgrades including HVAC, double pane windows, R/O system, 4 year old septic, and 3 water wells with storage tanks. Also includes a versatile workshop and additional 200 amp service perfect for an RV, manufactured home, or future expansion. Enjoy peaceful mornings and cozy evenings by the fire. Call your favorite realtor today!
Investor Tools
$375,000
Estimated Property Value
$95,380Estimated Mortgage Balance
$279,620Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$820
$69,710
2025
$57,720
$11,990
$69,710
No
Tax History
Year
Tax Paid
Assessed Value
2024
$820
$69,710
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Weststar Mortgage Corp
Conventional
$131,575
No
First
Jan 13, 2014
Feb 2044
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,380
$279,620
74%
25%
$0/mo
