$272,270
NAL Estimated Property Value311 Kessler Ave, Midland, TX, 79701
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size7,405 sqft
Building Information
Year Built1954
Stories1
Garage Spaces2
Land Information
APNR000020547
Lot Number13
SubdivisionGarden
Land UseResidence
Legal DescriptionACRES: 0.170 BLK: 026 LOT: 013 ADDN: GARDENS
Census Tract000500
Assessed Land Value$14,830
Assessed Improvement Value$257,440
Assessment Year2025
About this property
REDUCED! Lovely kitchen w/ample cabinet space, pantry, & new dishwasher. Large living area w/beautiful brick fireplace, perfect space to unwind. Spacious 4th bedroom has a walk in closet, bay window seating, & private access to the backyard. Other recent updates: new windows, water heater, wood/laminate floors, & bathrooms. The backyard has enclosed patio & 2 storage bldgs. Solar panels are paid off and will stay! Seller is offering to assist with buyer closing costs, with an acceptable offer.
Investor Tools
$272,270
Estimated Property Value
$248,199Estimated Mortgage Balance
$24,439Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,634 /month
Positive
Cash Flow Estimate:
$545 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$372/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,099
$272,270
2025
$14,830
$257,440
$272,270
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,099
$272,270
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$250,381
Yes
First
Oct 3, 2025
Nov 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,199
$24,071
8%
91%
$1,502/mo
