$243,000
NAL Estimated Property Value1108 Pratt St, Midland, TX, 79701
Recently Sold
8/24/26
Property Lead Type:
High Equity
Highlights
Interior
AppliancesGas Water Heater, Dishwasher, Refrigerator
FlooringCarpet, Tile
Exterior
Lot Size7,013 sqft
Building Information
Year Built2011
Garage Spaces1
Land Information
APNR000031141
Lot Number5
SubdivisionMidland Heights
Land UseResidence
Legal DescriptionACRES: 0.161 BLK: 023 LOT: 005 ADDN: MIDLAND HEIGHTS
Census Tract001400
Assessed Land Value$14,000
Assessed Improvement Value$194,700
Assessment Year2025
About this property
Welcome home to this beautiful cared-for 3-bedroom, 2-bath residence offering style and space. Enjoy refreshed flooring in the living area and a generously sized backyard perfect for gatherings, pets, or future additions. Seller offering $5,000 toward buyer closing costs.
Investor Tools
$243,000
Estimated Property Value
$170,040Estimated Mortgage Balance
$73,935Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,088
$208,700
2025
$14,000
$194,700
$208,700
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,088
$208,700
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$186,558
Yes
First
Sep 3, 2021
Oct 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,040
$81,960
32%
70%
$1,119/mo
