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$291,980

NAL Estimated Property Value

1715 Morgan Way, Midland, TX, 79705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,790 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.51 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available

Exterior

Lot Size7,187 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APNR000049184
Lot Number19
SubdivisionTrueland
Land UseResidence
Legal DescriptionACRES: 0.165 BLK: 005 LOT: 019 ADDN: TRUELAND
Census Tract001700
Assessed Land Value$14,400
Assessed Improvement Value$277,580
Assessment Year2025

About this property

BEAUTIFUL CUSTOM BUILT HOME IN 2021!. THREE BEDROOMS, 2 BATH, AND TWO CAR GARAGE. SPACIOUS MASTER BEDROOM WITH TWO WALK-IN CLOSETS, MASTER BATH HAS AJETTED TUB, SEPERATE SHOWER, DOUBLE SINKS,. GRANITE COUNTERTOPS IN KITCHEN AND BATHROOMS, CEILING FANS IN ALL BEDROOMS AND LIVING AREA. COVERD PATIO AND WOODAN METAL FENCE.

Investor Tools

Property Icon
$291,980
Estimated Property Value
$279,338Estimated Mortgage Balance
$13,059Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$494/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,471
$291,980
2025
$14,400
$277,580
$291,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,471
$291,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Village Capital & Investment Llc
Fha
$282,212
Yes
First
Sep 12, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,338
$12,642
4%
96%
$1,693/mo

City: Midland

1715 Morgan Way | Property Details | No Agent List