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$298,000

2909 True Grit Ct, Midland, TX, 79705

Off MarketInfo
Beds3 Beds
Baths1,525 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.72 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Garage AvailableGarage Available

Exterior

Lot Size6,534 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APNR000225722
Lot Number66
SubdivisionLone Star Trails Ii
Land UseResidence
Legal DescriptionACRES: 0.150 BLK: 047 LOT: 066 LONE STAR TRAILS II SEC 14
Census Tract010123
Assessed Land Value$26,140
Assessed Improvement Value$261,110
Assessment Year2025

About this property

Like-New 3 Bed, 2 Bath Home with Huge Backyard! Step into this almost brand-new beauty with stylish vinyl flooring throughout the living areas. The open-concept layout is perfect for entertaining, family time, or simply enjoying the natural flow of the home. Whip up meals while staying connected in the airy kitchen and living space, and when it's time to relax—step out back and soak in your massive backyard with endless potential for gatherings, gardening, or adding that dream pool.

Investor Tools

Property Icon
$298,000
Estimated Property Value
$294,566Estimated Mortgage Balance
$0Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,254
$287,250
2025
$26,140
$261,110
$287,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,254
$287,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$11,783
No
First
May 22, 2025
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,413
$2,587
0%
101%
$1,838/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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2909 True Grit Ct | Property Details | No Agent List