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$375,000

1109 Mogford St, Midland, TX, 79701

$397,796 ARVInfo
On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,347 Sq Ft
price_per_sqft$159.78 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesMore than One Water Heater, Gas Water Heater, Electric Cooktop, 2+ Ovens, Dishwasher, Disposal
FlooringCarpet, Tile

Exterior

Exterior FeaturesOther - See Remarks
Lot Size10,846 sqft

Building Information

Year Built1956
Stories1
Garage Spaces2

Land Information

APNR000042845
Lot Number5
SubdivisionScenic Heights
Land UseResidence
Legal DescriptionACRES: 0.249 BLK: 003 LOTS: 5(S41) & 8(N44) ADDN: SCENIC HEIGHTS
Census Tract000500
Assessed Land Value$24,390
Assessed Improvement Value$293,810
Assessment Year2025

About this property

Great Updated 4 bed 2 bath home located close to downtown Midland! Home features an additional tiny house in the back yard, and plenty of room for entertaining! Kitchen has granite countertops, double ovens, cook top, dishwasher & microwave. Wood in dinning/living, Carpet in bedrooms. Home has a 2 car garage with a 2 car carport, cozy fireplace in 2nd living area, front and back covered patios, spacious back yard with sitting area and plenty of room! Buyer to verify taxes!

Investor Tools

$275,441Estimated Mortgage Balance
$120,559Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$397,795
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

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Brittany Smith

Brittany Smith Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$482/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,806
$318,200
2025
$24,390
$293,810
$318,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,806
$318,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Fha
$306,324
Yes
First
Feb 20, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,441
$120,559
30%
70%
$1,837/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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1109 Mogford St | Property Details | No Agent List