$189,000
NAL Estimated Property Value1301 S Atlanta St, Midland, TX, 79701
$245,700 ARV
Off Market
Property Lead Type:
Absentee OwnerVacant HomesMove-In Ready
Highlights
Interior
AppliancesGas Water Heater, Dryer Electric, Electric Cooktop, 2+ Ovens, Dishwasher, Plumbed For Ice Maker
FlooringVinyl, Tile
Exterior
Exterior FeaturesOther - See Remarks
Lot Size8,886 sqft
Building Information
Year Built1959
Stories1
Land Information
APNR000044741
Lot Number10
SubdivisionSouth Park
Land UseResidential
Legal DescriptionACRES: 0.204 BLK: 019 LOT: 010 ADDN: SOUTH PARK
Census Tract001500
Assessed Land Value$17,760
Assessed Improvement Value$165,100
Assessment Year2025
About this property
Great investment opportunity or starter home. Large corner lot with fenced front, paved circle driveway, cinder block fence in back, gate w/alley access and plenty of parking space. New HVAC with Bosworth installed 2022. Fresh paint throughout. Bonus room with half bath could be used as second living or large primary bedroom. Close to downtown, stores, schools, hwy access. Large backyard with 3 storages. Pond not warrantied. Move in ready, make this your own!
Investor Tools
$189,000
Estimated Property Value
$190,383Estimated Mortgage Balance
$189,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$245,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,987
$182,860
2025
$17,760
$165,100
$182,860
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,987
$182,860
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$186,558
Yes
First
Jun 2, 2025
Jul 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,383
N/A
0%
101%
$1,159/mo
