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$407,000

NAL Estimated Property Value

45 Lafayette Pl, Midland, TX, 79705

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,964 Sq Ft
price_per_sqft$203.62 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesElectric Water Heater, Dryer Electric, Electric Range, Self Cleaning Oven, Microwave, Dishwasher, Disposal
FlooringCarpet, Tile

Exterior

Lot Size3,267 sqft

Building Information

Year Built1980
Garage Spaces2

Land Information

APNR000010328
Lot Number44
SubdivisionBarkman Square
Land UseResidence
Legal DescriptionACRES: 0.075 BLK: 001 LOT: 044 N.1 & ALL OF ADDN: BARKMAN SQUARE SEC 5 LOT 45
Census Tract000200
Assessed Land Value$65,000
Assessed Improvement Value$251,910
Assessment Year2025

About this property

Nestled in a coveted enclave exuding New Orleans charm—think grand oaks and French Quarter flair. This chic, low-maintenance gem of a townhome boasts updated windows, massive storage space, dual luxe primary suites with expansive closets, an oversized garage, and a stylish flex space perfect as a 3rd bedroom, office, or private retreat. Bienvenue la maison!

Investor Tools

Property Icon
$407,000
Estimated Property Value
$323,203Estimated Mortgage Balance
$84,285Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,442 /month
Positive
Cash Flow Estimate:
$814 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
$283/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,548
$316,910
2025
$65,000
$251,910
$316,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,548
$316,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lrs Financial Network Inc
Conventional
$328,000
No
First
Jun 2, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,203
$91,797
22%
79%
$1,967/mo

City: Midland

45 Lafayette Pl | Property Details | No Agent List