$15,300
NAL Estimated Property Value2223 Longhorn Drive, Midland, TX, 79782
Off Market
Property Lead Type:
BankruptcyAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesElectric Water Heater, Electric Range, Microwave, Dishwasher, Disposal
FlooringCarpet, Tile
Exterior
Lot Size1.10 acres
Building Information
Garage Spaces2
Land Information
APN12895
Lot Number9
Land UseRural Land ? Non Qual Open Space & Res
Legal DescriptionBLK 1 LOT 9 LONGHORN ADDN 38-1-S SEC 4
Assessed Land Value$15,300
Assessment Year2025
About this property
New construction 4 bed, 2 bath home with a spacious primary suite featuring his and hers closets, separate shower and tub. Jack and Jill bath, large closets in all rooms. Cozy carpet in bedrooms and tile throughout main areas. Electric fireplace, designer lighting, black finishes, and granite countertops. Sitting on 1 acre with room for a shop, arena, or more. Cute, New construction, and full of potential!
Investor Tools
$15,300
Estimated Property Value
$0Estimated Mortgage Balance
$15,300Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$660,250
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$20/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$168
$15,300
2025
$15,300
N/A
$15,300
No
Tax History
Year
Tax Paid
Assessed Value
2025
$168
$15,300
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$15,300
100%
0%
$0/mo
