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$95,000

NAL Estimated Property Value

3000 W Illinois Ave 38, Midland, TX, 79701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths642 Sq Ft
price_per_sqft$77.73 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Water Heater, Electric Range, Refrigerator
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size2,483 sqft

Building Information

Year Built1960
Stories1

Land Information

APNR000048561
SubdivisionTerrace Gardens
Land UseCondominium
Legal DescriptionACRES: 0.057 UNIT: 038 REPLAT - TERRACE GARDENS ADDN: TOWN PLAZA CONDOMINIUMS
Census Tract000500
Assessed Land Value$3,740
Assessed Improvement Value$42,710
Assessment Year2025

About this property

COZT 1-BEDEOOM, 1-BATH UNIT FEATURING A PRIVATE PATIO.

Investor Tools

Property Icon
$95,000
Estimated Property Value
$18,967Estimated Mortgage Balance
$76,033Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$570 /month
Positive
Cash Flow Estimate:
$190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$100/month
$340/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$728
$46,450
2025
$3,740
$42,710
$46,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$728
$46,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Unknown
$26,250
No
First
Dec 27, 2013
Dec 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$18,967
$76,033
80%
20%
$158/mo

City: Midland

3000 W Illinois Ave 38 | Property Details | No Agent List