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$291,000

NAL Estimated Property Value

3627 Shell Ave, Midland, TX, 79707

$304,287 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1,514 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.85 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3

Exterior

Lot Size11,021 sqft

Building Information

Year Built1960
Stories1

Land Information

APNR000050481
Lot Number2-3
SubdivisionWedgewood Park
Land UseResidence
Legal DescriptionACRES: 0.253 BLK: 004 LOTS: 2 & 3(W6) ADDN: WEDGEWOOD PARK
Census Tract000302
Assessed Land Value$24,770
Assessed Improvement Value$228,570
Assessment Year2025

About this property

NEW NEW NEW! DISCOVER THIS BEAUTIFULLY UPDATED 3-BEDROOM, 2-BATH HOME IN THE WEDGEWOOD PARK NEIGHBORHOOD NEAR MEMORIAL WEST CAMPUS. FEATURING FRESH PAINT, NEW FIXTURES, LUXURY VINYL PLANK AND CARPET FLOORING, AND THOUGHTFUL CUSTOM UPDATES THROUGHOUT, THIS HOME IS MOVE-IN READY! ENJOY THE SPACIOUS BACKYARD WITH MATURE TREES, PERFECT FOR OUTDOOR ACTIVITIES, AND RELAX UNDER THE COVERED PATIO. A PERFECT BLEND OF MODERN STYLE AND CHARM, THIS HOME IS READY TO WELCOME YOU!

Investor Tools

Property Icon
$291,000
Estimated Property Value
$271,168Estimated Mortgage Balance
$13,832Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$304,287
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,490
$253,340
2025
$24,770
$228,570
$253,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,490
$253,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Conventional
$276,450
No
First
Mar 27, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,168
$13,832
4%
93%
$1,658/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.

Explore Texas Explore This Area
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: Midland

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3627 Shell Ave | Property Details | No Agent List