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$299,000

NAL Estimated Property Value

2500 Storey Ave, Midland, TX, 79701

$328,172 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,143 Sq Ft
price_per_sqft$135.32 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesGas Water Heater, Free Standing Gas, Microwave, Dishwasher, Disposal, Refrigerator
FlooringVinyl, Tile, Hardwood

Exterior

Exterior FeaturesAuto Sprinkler
Lot Size13,721 sqft

Building Information

Year Built1952
Stories1
Garage Spaces1

Land Information

APNR000027178
Lot Number6
SubdivisionJohnson & Moran
Land UseResidence
Legal DescriptionACRES: 0.315 BLK: C3 LOT: 006 ADDN: JOHNSON & MORAN
Census Tract000500
Assessed Land Value$27,460
Assessed Improvement Value$235,700
Assessment Year2025

About this property

Beautiful home situated on a large corner lot. Home features 3 Bed, 2 bath, huge den, formal living and a separate formal dining area. Solar panels will be paid at closing by seller. Huge 14 X 40 workshop. Water well for the yard with automatic sprinklers. All kitchen appliances stay, along with the security system and Nest thermostat.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$279,306Estimated Mortgage Balance
$20,122Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$328,171
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,944
$263,160
2025
$27,460
$235,700
$263,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,944
$263,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Stand Alone Second / Subordinate Position
$284,747
No
First
Mar 7, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,306
$17,694
5%
93%
$1,708/mo

Learn About the Market: Opportunity in Texas

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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.

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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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2500 Storey Ave | Property Details | No Agent List