$291,000
NAL Estimated Property Value2313 W Cuthbert Ave, Midland, TX, 79701
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesGas Water Heater, Gas Range, Microwave, Dishwasher
FlooringTile, Hardwood
Exterior
Lot Size12,763 sqft
Building Information
Year Built1951
Stories1
Garage Spaces2
Land Information
APNR000027096
Lot Number6
SubdivisionJohnson & Moran
Land UseResidence
Legal DescriptionACRES: 0.293 BLK: A1 LOT: 006 W/2 & ALL OF 7 ADDN: JOHNSON & MORAN
Census Tract000500
Assessed Land Value$25,520
Assessed Improvement Value$206,970
Assessment Year2025
About this property
Adorable and well-maintained home in Old Midland! Situated on a spacious 0.29-acre lot, this 3 bedroom, 2 bath home offers two living areas and a 2-car garage. The modern kitchen features white cabinetry and ample storage, with additional storage found throughout the home. The backyard includes a nice storage shed, perfect for tools or extra space. Enjoy the charm of an established neighborhood paired with functional living and entertaining spaces.
Investor Tools
$291,000
Estimated Property Value
$230,881Estimated Mortgage Balance
$60,562Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,746 /month
Positive
Cash Flow Estimate:
$582 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,533
$232,490
2025
$25,520
$206,970
$232,490
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,533
$232,490
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Community Capital Llc
Fha
$238,034
Yes
First
Jun 7, 2021
Jul 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,881
$63,119
21%
79%
$1,523/mo
