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$152,000

NAL Estimated Property Value

302 Michael St, Levelland, TX, 79336

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,316 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$70.59 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesCooktop, Dishwasher, Electric Cooktop
FlooringCarpet

Exterior

Lot Size8,015 sqft

Building Information

Garage Spaces2

Land Information

APN17208
Lot Number11
Land UseResidential
Legal DescriptionCRESTVIEW (LEV), BLOCK 2, LOT 11 W 64.37'
Census Tract950300
Assessed Land Value$6,580
Assessed Improvement Value$124,550
Assessment Year2025

About this property

Great 3 bedroom 2 bathroom home and 2 car garage. Very close to an elementary school. Kitchen that opens to living room. It has another living area/dining room. All closets are good size. Carpet in living rooms were installed in December 2017. New paint throughout in November of 2017. Big backyard. Corner lot.

Investor Tools

Property Icon
$152,000
Estimated Property Value
$86,432Estimated Mortgage Balance
$65,568Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$912 /month
Positive
Cash Flow Estimate:
$304 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,570
$131,130
2025
$6,580
$124,550
$131,130
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,570
$131,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midland Mortgage
Fha
$93,769
Yes
First
Mar 2, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$86,432
$65,568
43%
57%
$563/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: Levelland

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302 Michael St | Property Details | No Agent List