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$468,000

NAL Estimated Property Value

3612 Oakridge Dr, Midland, TX, 79707

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,967 Sq Ft
price_per_sqft$141.56 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesGas Water Heater, Electric Cooktop, Self Cleaning Oven, Microwave, Dishwasher, Disposal, Dryer, Water Softener Owned, Water Purifier Owned
FlooringCarpet, Vinyl, Tile

Exterior

Lot Size7,362 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APNR000015404
Lot Number17
SubdivisionCrestgate
Land UseResidential
Legal DescriptionACRES: 0.169 LOT: 017 BLK: 023 SUBD: CRESTGATE SEC 9 BLK: 023 LOT: 017 ADDN: CRESTGATE SEC 9
Census Tract010107
Assessed Land Value$25,820
Assessed Improvement Value$382,650
Assessment Year2025

About this property

Must see, lowest price/sf in the area! New: HVAC, windows, gutters, ceiling fans, dimming lights, fresh paint. The kitchen has granite counters, stainless appliances, & new dishwasher. The spacious hall bath has double sinks & access to 3rd bedroom. Large rooms, huge closets, & versatile 4th bedroom with sunroom access. The master suite offers double sinks, 2 walk-in closets, soaker tub. Backyard w/patio, storage/workbench & electric, sprinkler system. Seller offering $5k buyer closing costs!!

Investor Tools

Property Icon
$468,000
Estimated Property Value
$284,651Estimated Mortgage Balance
$183,897Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,808 /month
Positive
Cash Flow Estimate:
$936 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,489
$408,470
2025
$25,820
$382,650
$408,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,489
$408,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$313,500
No
First
Jun 28, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,651
$169,349
37%
61%
$1,880/mo

City: Midland

3612 Oakridge Dr | Property Details | No Agent List