Last 24 Hours
$228,000
NAL Estimated Property Value2902 W Michigan Ave, Midland, TX, 79701
Off Market
3 Beds
2 Bath
1,504 Sq Ft
$139.63 / sqft
Built in 1958Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage AvailableAppliancesElectric Water Heater, Electric Cooktop, Microwave, Dishwasher
FlooringCarpet, Vinyl, Tile
Exterior
Lot Size11,935 sqft
Building Information
Year Built1958
Stories1
Garage Spaces1
Land Information
APNR000020364
Lot Number2-3
SubdivisionGarden
Land UseResidence
Legal DescriptionACRES: 0.274 BLK: 008 LOT: 002W.25& E.35 OF 3 ADDN: GARDENS
Census Tract000500
Assessed Land Value$23,880
Assessed Improvement Value$161,690
Assessment Year2025
About this property
3 Bedrooms, 2 Bathrooms, Bonus Room that could be Home Office/Study or could be made into a fourth Bedroom. New HVAC and new roof. Backyard has a 6' masonry fence with a storage building.
Investor Tools
$228,000
Estimated Property Value
$0Estimated Mortgage Balance
$228,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,904
$185,570
2025
$23,880
$161,690
$185,570
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,904
$185,570
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$247,000
100%
0%
$0/mo
12.4%