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$601,000

NAL Estimated Property Value

2501 S County Road 1089, Midland, TX, 79706

$647,403 ARVInfo
SoldInfo
6/30/26
Beds4 Beds
Baths3 Bath
Baths2,840 Sq Ft
price_per_sqft$207.71 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesElectric Water Heater, Dryer Electric, Electric Range, Self Cleaning Oven, Microwave, Dishwasher, Disposal, Water Softener Rented
FlooringVinyl, Tile

Exterior

Lot Size1 acre

Building Information

Year Built1978
Stories1
Garage Spaces3

Land Information

APNR000003430
Land UseResidential
Legal DescriptionACRES: 1.000 NW/4 SEC: 6 BLK: 38-T2S ABST: 722
Census Tract010128
Assessed Land Value$17,000
Assessed Improvement Value$2,300
Assessment Year2025

About this property

The kind of property Greenwood buyers rarely find twice. Set on 1.23 acres in Cielo Vista, this home offers space & flexibility today's buyers are searching for. The real showstopper is the outdoor living experience—an extended covered patio w/custom lighting, room to gather, grill, unwind in the hot tub & enjoy West Texas evenings. Need extra space? The shop includes approx. 600 sq. ft. of finished living area ideal for guests, hobbies, home office, fitness studio, or multi-generational living.

Investor Tools

Property Icon
$601,000
Estimated Property Value
$0Estimated Mortgage Balance
$332,886Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$647,403
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,606 /month
Positive
Cash Flow Estimate:
$1,202 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$226
$19,300
2025
$17,000
$2,300
$19,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$226
$19,300

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$327,000
100%
0%
$0/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.

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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2501 S County Road 1089 | Property Details | No Agent List