$288,900
116 Pioneer Circle, Midland, TX, 79705
On Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesGas Water Heater, Electric Range, Microwave, Dishwasher, Disposal, Refrigerator, Water Softener Rented, Dryer
FlooringCarpet, Tile
Exterior
Lot Size5,184 sqft
Building Information
Year Built2021
Garage Spaces2
Land Information
APNR000224026
Lot Number44
SubdivisionLone Star Trails Ii
Land UseResidential
Legal DescriptionACRES: 0.119 LEGAL: BLK: 057 LOT: 044 ADDN: LONE STAR TRAILS II SEC 7
Census Tract010123
Assessed Land Value$20,700
Assessed Improvement Value$245,880
Assessment Year2025
About this property
New listing in Lonestar Trails II community in Midland with easy access to loop 250, is this well-maintained three-bedroom, two-bath home offers an inviting open floor plan designed for comfort, functionality, and everyday living. The home comes equipped with all appliances including the washer & dryer ,as well as an RO system & water heater replacement. The enclosed sunroom that overlooks the backyard, makes for the perfect space for your morning coffee. Within walking distance to the school
Investor Tools
$203,287Estimated Mortgage Balance
$81,713Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,733 /month
Positive
Cash Flow Estimate:
$578 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
$275/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,957
$266,580
2025
$20,700
$245,880
$266,580
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,957
$266,580
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Unknown
$214,517
No
First
Feb 15, 2022
Mar 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,287
$81,713
28%
71%
$1,326/mo
