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$436,000

NAL Estimated Property Value

1403 W Kansas Ave, Midland, TX, 79701

$447,021 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2,726 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.08 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Garage AvailableGarage Available

Exterior

Lot Size10,498 sqft

Building Information

Year Built1948
Stories1
Garage Spaces2

Land Information

APNR000034153
Lot Number2
SubdivisionNorth Park Hill
Land UseResidential
Legal DescriptionACRES: 0.241 BLK: 004 LOT: 002 ADDN: NORTH PARK HILL
Census Tract000500
Assessed Land Value$26,250
Assessed Improvement Value$374,060
Assessment Year2025

About this property

DISCOVER THE PERFECT BLEND OF CLASSIC CHARM AND MODERN LUXURY IN THIS BEAUTIFUL 4BED, 2.5BATH HOME IN OLD MIDLAND. ENJOY STUNNING HARDWOOD FLOORS, AN UPDATED KITCHEN, AND A PRIMARY BATH WITH A FABULOUS SHOWER. NATURAL LIGHT FILLS THE SPACIOUS LIVING AREA, PERFECT FOR RELAXING OR ENTERTAINING. FEATURES INCLUDE SURROUND SOUND, A TWO-CAR GARAGE, AND A CLIMATE-CONTROLLED WORKSHOP. STEP OUTSIDE TO A COVERED PATIO AND LANDSCAPED YARD WITH A WATER WELL. JUST STEPS FROM HILL PARK.

Investor Tools

Property Icon
$436,000
Estimated Property Value
$425,068Estimated Mortgage Balance
$11,578Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$447,020
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,660
$400,310
2025
$26,250
$374,060
$400,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,660
$400,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Fha
$432,030
Yes
First
May 22, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$425,068
$10,932
2%
97%
$2,591/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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1403 W Kansas Ave | Property Details | No Agent List