$223,000
NAL Estimated Property Value3500 Roosevelt Dr, Midland, TX, 79703
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Exterior
Lot Size9,453 sqft
Building Information
Year Built1957
Stories1
Garage Spaces1
Land Information
APNR000037022
Lot Number15
SubdivisionPermian Estates
Land UseResidence
Legal DescriptionACRES: 0.217 BLK: 003 LOT: 015 ADDN: PERMIAN ESTATES
Census Tract001200
Assessed Land Value$18,940
Assessed Improvement Value$168,580
Assessment Year2025
About this property
Welcome to this inviting home situated on a large corner lot, offering a spacious backyard and extra parking in the back. Inside you will find many updates, including stylish laminate flooring, beautiful bathrooms, and new windows that bring in plenty of natural light. The spacious kitchen and dining area provide the perfect setting for gatherings and everyday living. Refrigerator, washer and dryer can stay with acceptable offer. Don't miss this fantastic opportunity! Call for a showing now!
Investor Tools
$223,000
Estimated Property Value
$212,211Estimated Mortgage Balance
$11,113Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,338 /month
Positive
Cash Flow Estimate:
$446 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$250/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,884
$187,520
2025
$18,940
$168,580
$187,520
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,884
$187,520
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Fha
$216,015
Yes
First
Apr 14, 2025
May 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,211
$3,789
1%
95%
$1,296/mo
