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$422,000

NAL Estimated Property Value

1606 Pavilion Parkway, Midland, TX, 79705

$469,760 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,643 Sq Ft
price_per_sqft$162.69 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesGas Water Heater, Gas Range, Microwave, Dishwasher, Disposal, Refrigerator
FlooringCarpet, Tile, Other

Exterior

Lot Size5,489 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APNR000220921
Lot Number4A
SubdivisionPavilion Park
Land UseResidence
Legal DescriptionACRES: 0.126 BLK: 014 LOT: 04A ADDN: PAVILION PARK SEC 13
Census Tract010123
Assessed Land Value$22,000
Assessed Improvement Value$374,460
Assessment Year2025

About this property

This gorgeous 4-bedroom, 2.5-bath home offers modern comfort and energy efficiency with fully installed solar panels. Featuring an open-concept design, the spacious living area flows seamlessly into a contemporary kitchen with stainless steel appliances and granite countertops. The downstairs primary suite boasts a walk-in closet and en-suite bath, while upstairs includes a living area and bonus media room. Enjoy a private low maintenance backyard, perfect for relaxing or entertaining!

Investor Tools

Property Icon
$422,000
Estimated Property Value
$387,897Estimated Mortgage Balance
$34,103Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$469,760
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,012
$396,460
2025
$22,000
$374,460
$396,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,012
$396,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Conventional
$394,250
No
First
May 16, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$387,897
$34,103
8%
92%
$2,364/mo

City: Midland

1606 Pavilion Parkway | Property Details | No Agent List