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$316,580

NAL Estimated Property Value

2405 Rio Pl, Midland, TX, 79705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,798 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.36 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size5,750 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APNR000222356
Lot Number37
SubdivisionLone Star Trails Ii
Land UseResidential
Legal DescriptionACRES: 0.132 LEGAL: BLK: 043 LOT: 037 ADDN: LONE STAR TRAILS II SECTION 4
Census Tract010123
Assessed Land Value$23,000
Assessed Improvement Value$293,580
Assessment Year2025

About this property

Beautifully updated home in Lone Star Trails—directly across from the brand new Lone Star Trails Elementary! Featuring an open-concept layout, cozy brick fireplace, and a stylish kitchen with granite countertops and a breakfast bar. Spacious bedrooms throughout, with a private primary suite offering dual sinks, soaking tub, and walk-in shower. Back yard offers a large covered back patio for all your gatherings. Call your favorite realtor today!

Investor Tools

Property Icon
$316,580
Estimated Property Value
$305,142Estimated Mortgage Balance
$11,889Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,899 /month
Positive
Cash Flow Estimate:
$633 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,634
$316,580
2025
$23,000
$293,580
$316,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,634
$316,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$11,822
No
First
Nov 10, 2025
Nov 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,142
$11,438
3%
96%
$1,843/mo

City: Midland

2405 Rio Pl | Property Details | No Agent List