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$322,050

NAL Estimated Property Value

3333 S US Highway 385, Levelland, TX, 79336

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.08 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesCooktop, Disposal, Dishwasher, Electric Cooktop
FlooringCarpet, Tile

Exterior

Lot Size1.24 acres

Building Information

Garage Spaces2

Land Information

APN23083
Land UseResidential
Legal DescriptionBAYLOR CSL, LGE 32, LAB 3, TR 2, AB4, ACRES 1.244
Census Tract950200
Assessed Land Value$3,000
Assessed Improvement Value$319,050
Assessment Year2025

About this property

Take a look at this Majestic Rural Home sits on 1.244 acres just right outside of town on the Brownfield Hwy first house past the Levelland Airport. Landscaped with beautiful trees, concrete driveway and parking in front with just enough space to enjoy the privacy of owning a home in the country. Still close enough to town and school to make life easy for a busy family. Open concept with great floorplan design plenty of large rooms, tall ceilings, great closets, large utility room with built in desk and 2 closets. Kitchen includes island with a breakfast nook area and patio doors looking out onto the covered patio. Separate area used for additional dining or living area to include brick features in the living and dining areas which are a great decorative addition to this home. Master bath has his and her vanities, large walk-in closet, large whirlpool tub, separate shower and water closet. This homes floor plan is not your regular cookie cutter home it stands all on it own.

Investor Tools

Property Icon
$322,050
Estimated Property Value
$172,681Estimated Mortgage Balance
$149,369Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$620/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,832
$322,050
2025
$3,000
$319,050
$322,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,832
$322,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$180,000
No
First
Nov 14, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,681
$149,369
46%
54%
$1,168/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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3333 S US Highway 385 | Property Details | No Agent List