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$486,420

NAL Estimated Property Value

10906 Highway 191, Midland, TX, 79707

Off MarketInfo
CommercialInfo
Baths3,000 Sq Ft
price_per_sqft$2.33 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Garage AvailableGarage Available

Exterior

Lot Size19,166 sqft

Building Information

Year Built2023
Garage Spaces40

Land Information

APNR000227632
Lot Number19
SubdivisionWest 191 Industrial Park
Land UseWarehouse
Legal DescriptionACRES: 0.440 BLK: 001 LOT 019 WEST 191 INDUSTRIAL PARK SEC 9
Census Tract010126
Assessed Land Value$22,000
Assessed Improvement Value$464,420
Assessment Year2025

About this property

CLASS A EXECUTIVE OFFICE SUITES OFFERING 2 CONFERENCE ROOMS, 8 OFFICES, KITCHEN, FULL BATH, FIBER OPTICS, SMALL WAREHOUSE WITH 14' OVERHEAD AUTOMATIC DOOR, FENCED SECURED YARD, CITY WATER.SEWER, AVAILABLE FEBRUARY 2026.

Investor Tools

Property Icon
$486,420
Estimated Property Value
$342,928Estimated Mortgage Balance
$144,093Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,919 /month
Positive
Cash Flow Estimate:
$973 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$978/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,299
$486,420
2025
$22,000
$464,420
$486,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,299
$486,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community National Bank
Open End Mortgage / Open End With Future Advance Clause
$365,416
No
First
Dec 15, 2022
Dec 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,928
$143,492
29%
71%
$2,191/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.

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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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10906 Highway 191 | Property Details | No Agent List