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B+
NoAgentList RatingHow are grades calculated? Info

$504,370

2405 Emerson Ct, Midland, TX, 79705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,322 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.23 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling

Exterior

Lot Size7,362 sqft

Building Information

Year Built1975
Stories1
Garage Spaces4

Land Information

APNR000034396
Lot Number5
SubdivisionNorth Town Plaza
Land UseResidence
Legal DescriptionACRES: 0.169 BLK: 007 LOT: 005 ADDN: NORTH TOWN PLAZA
Census Tract000305
Assessed Land Value$22,050
Assessed Improvement Value$482,320
Assessment Year2025

About this property

For Rent: Stunning Home! Step into this 3-bedroom, 2-bathroom home that perfectly blends modern style with everyday comfort. Featuring an open-concept layout, tile flooring, and elegant granite countertops, this home is designed with both entertaining and relaxation in mind. Whether hosting guests or enjoying a cozy family night, this contemporary gem is move-in ready and waiting for you. Don't miss out—schedule your showing today!

Investor Tools

Property Icon
$504,370
Estimated Property Value
$186,300Estimated Mortgage Balance
$377,083Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,026 /month
Positive
Cash Flow Estimate:
$1,009 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$651/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,289
$504,370
2025
$22,050
$482,320
$504,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,289
$504,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Bank
Conventional
$186,300
No
First
Oct 19, 2012
Nov 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,287
$377,083
74%
25%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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2405 Emerson Ct | Property Details | No Agent List