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$315,000

NAL Estimated Property Value

3325 Fannin Ave, Midland, TX, 79707

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,749 Sq Ft
price_per_sqft$185.82 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesTankless Water Heater, Electric Range, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesAuto Sprinkler
Lot Size9,409 sqft

Building Information

Year Built1960
Stories1
Garage Spaces2

Land Information

APNR000026224
Lot Number24
SubdivisionHyde Park
Land UseResidence
Legal DescriptionACRES: 0.216 BLK: 002 LOT: 024 ADDN: HYDE PARK
Census Tract000302
Assessed Land Value$21,140
Assessed Improvement Value$267,330
Assessment Year2025

About this property

This absolutely stunning 3-bedroom, 2-bath home is situated in a beautiful neighborhood with a well-maintained lawn and a metal roof. A tall privacy fence! A shop that is a huge bonus! It has a roll-up door, so it can be used as a third garage and still have space for storage. Tankless water heater. Granite throughout! Too much to mention this is a must see!!

Investor Tools

Property Icon
$315,000
Estimated Property Value
$319,561Estimated Mortgage Balance
$315,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,512
$288,470
2025
$21,140
$267,330
$288,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,512
$288,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$8,245
No
First
Feb 26, 2026
Feb 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,561
N/A
0%
101%
$1,923/mo

City: Midland

3325 Fannin Ave | Property Details | No Agent List