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$368,000

NAL Estimated Property Value

1415 Cerrillos Avenue, Midland, TX, 79705

$378,096 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,278 Sq Ft
price_per_sqft$131.26 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,970 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APNR000210354
Lot Number48
SubdivisionAdobe Meadows
Land UseResidence
Legal DescriptionACRES: 0.160 BLK: 015 LOT 48 ADDN: ADOBE MEADOWS SEC 6
Census Tract010123
Assessed Land Value$27,910
Assessed Improvement Value$302,090
Assessment Year2025

About this property

REDUCED!!!! --- FULL REHAB COMPLETE! NEW CARPET! FRESH PAINT! Wonderful 4 bedroom 2 bath home located on the North side of Midland! Great layout features nice large open living, kitchen, breakfast combo with high ceilings! Split bedrooms and nice 2 car garage! The back yard is privacy fenced and the front yard has been zero-scaped for a very limited need of maintenance. This one has it all! Buyer to verify all MLS info.

Investor Tools

Property Icon
$368,000
Estimated Property Value
$262,486Estimated Mortgage Balance
$105,514Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$378,096
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$574/month
$430/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,054
$330,000
2025
$27,910
$302,090
$330,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,054
$330,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Stand Alone First / Home Equity First Lien
$288,535
No
First
Aug 2, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,486
$105,514
28%
71%
$1,730/mo

City: Midland

1415 Cerrillos Avenue | Property Details | No Agent List