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$286,580

NAL Estimated Property Value

1504 Brand Ln, Midland, TX, 79705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,504 Sq Ft
price_per_sqft$185.84 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesGas Water Heater, Electric Range, Microwave, Dishwasher, Disposal
FlooringCarpet, Tile

Exterior

Exterior FeaturesAuto Sprinkler
Lot Size9,888 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APNR000215585
Lot Number8
SubdivisionLone Star Trails
Land UseResidence
Legal DescriptionACRES: 0.227 BLK: 17 LOT: 8 ADDN: LONE STAR TRAILS SEC 7
Census Tract010123
Assessed Land Value$39,550
Assessed Improvement Value$247,030
Assessment Year2025

About this property

This pristinely maintained 3 bedroom 2 bath is a gem of a property. Walk in to an inviting large open living room flowing to kitchen w/granite counters. Spacious breakfast area as well as the breakfast bar offers lots of room for seating. Two roomy guest bedrooms w/spacious closets. Master suite w/large walk-in closet and spacious bathroom. Tons of natural light beams throughout the house. Exterior offers low-maintenance front yard w/covered porch. Great back yard w/covered patio.

Investor Tools

Property Icon
$286,580
Estimated Property Value
$275,328Estimated Mortgage Balance
$11,671Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,719 /month
Positive
Cash Flow Estimate:
$573 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
$290/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,206
$286,580
2025
$39,550
$247,030
$286,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,206
$286,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Fha
$279,837
Yes
First
May 20, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,328
$13,672
4%
96%
$1,678/mo

City: Midland

1504 Brand Ln | Property Details | No Agent List