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$365,000

2002 Ward St, Midland, TX, 79705

On MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,060 Sq Ft
price_per_sqft$177.18 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Must-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Half 3Bathrooms Half 3
Garage AvailableGarage Available
AppliancesGas Water Heater, Dryer Electric, Electric Range, Microwave
FlooringVinyl

Exterior

Lot Size9,888 sqft

Building Information

Year Built1959
Stories1
Garage Spaces1

Land Information

APNR000052866
Lot Number3
SubdivisionWest Way
Land UseResidence
Legal DescriptionACRES: 0.227 BLK: 003 LOT: 003 N.75 ADDN: WEST WAY
Census Tract000303
Assessed Land Value$22,280
Assessed Improvement Value$197,610
Assessment Year2025

About this property

Fully remodeled and move-in ready! This spacious 5-bedroom, 3-bath home offers 2,060 sq ft on a .227-acre lot in Midland. Updates throughout include new shingles, flooring, plumbing, showers, paint, trim, and more. Functional layout with plenty of space for family or entertaining. Located at 2002 Ward St and priced at $385,000, this home is ready for new owners. Schedule your showing today!

Investor Tools

$246,082Estimated Mortgage Balance
$134,918Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,286 /month
Positive
Cash Flow Estimate:
$762 /month

Interested in this property?

Adrian Lujan

Meraki Home Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,346
$219,890
2025
$22,280
$197,610
$219,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,346
$219,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sierra Madre Fund 2 Llc
Building Or Construction Loan
$248,985
No
First
Sep 29, 2025
Nov 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,082
$71,918
22%
65%
$1,493/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Midland

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