$556,000
NAL Estimated Property Value3506 Meadowridge Ln, Midland, TX, 79707
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesGas Water Heater, Dryer Electric, Gas Range, Self Cleaning Oven, Microwave, Dishwasher, Disposal
FlooringTile
Exterior
Exterior FeaturesAuto Sprinkler
Lot Size11,631 sqft
Building Information
Year Built1988
Stories1
Garage Spaces3
Land Information
APNR000048821
Lot Number3
SubdivisionTrinity Meadows
Land UseResidential
Legal DescriptionACRES: 0.267 BLK: 001 LOT: 003 ADDN: TRINITY MEADOWS
Census Tract000304
Assessed Land Value$40,690
Assessed Improvement Value$506,880
Assessment Year2025
About this property
Lovely home in Trinity Meadows offers 3 large living areas including formal living/den w/gas log fireplace & family/game room. Master bedroom suite w/updated bath has separate vanities & closets & large walk-in shower. 3 spacious guest bedrooms w/walk-in closets. Beautiful granite in kitchen w/farm sink flows to formal dining & breakfast area. Plantation shutters & hard surface tile flooring throughout including wood-look in most areas. 3-car garage. OFFERING 1% TOWARD CC W/ACCEPTABLE OFFER
Investor Tools
$556,000
Estimated Property Value
$531,234Estimated Mortgage Balance
$25,535Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,474 /month
Positive
Cash Flow Estimate:
$1,158 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$742/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,128
$547,570
2025
$40,690
$506,880
$547,570
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,128
$547,570
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lrs Financial Network Inc
Unknown
$532,000
No
First
Mar 6, 2026
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$531,234
$24,766
4%
96%
$3,190/mo
