$718,100
NAL Estimated Property Value14800 FM 307, Midland, TX, 79706
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Water Heater, Electric Range, Microwave, Dryer, Water Purifier Owned
FlooringTile
Exterior
Lot Size24.08 acres
Building Information
Year Built2012
Garage Spaces5
Land Information
APNR000058056
SubdivisionT&P Rr Co Survey
Land UseResidence
Legal DescriptionACRES: 24.080 NE/4 SEC: 6 BLK: 36-T2S
Assessed Land Value$86,690
Assessed Improvement Value$631,410
Assessment Year2025
About this property
Price Change Prime Property on FM 307 in Greenwood ISD!You will be impressed with this 3bed,2bath,2 car garage, 3 carport home with it's wooklook tile throughout, 12ft high ceilings, and neutral color pallet.Kitchen offers granite countertops,great work space and storage with breakfast nook overlooking backyard,Big Primary suite provide relaxing huge shower,large closet, and is sequestered for privacy.To this add a patio,wooden privacy fence,30 rv spaces,60X40 shop,1360 sq ft guest house.
Investor Tools
$718,100
Estimated Property Value
$19,370Estimated Mortgage Balance
$698,730Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,294 /month
Positive
Cash Flow Estimate:
$3,098 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,019/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,638
$718,100
2025
$86,690
$631,410
$718,100
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,638
$718,100
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jack Burkes
Seller Carryback / Seller Financing / Seller Take-Back
$40,000
No
First
Aug 14, 2006
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,370
$698,730
97%
3%
$240/mo
