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$228,000

NAL Estimated Property Value

4901 Thomason Dr, Midland, TX, 79703

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,386 Sq Ft
price_per_sqft$165.95 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size8,407 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APNR000054398
Lot Number1
SubdivisionWilshire Park
Land UseResidence
Legal DescriptionACRES: 0.193 BLK: 100 LOT: 001 ADDN: WILSHIRE PARK
Census Tract001300
Assessed Land Value$12,600
Assessed Improvement Value$157,140
Assessment Year2025

About this property

Charming 3 bed, 2 bath home in Wilshire Park! Featuring updated flooring, fresh paint, a fully renovated master bathroom, and a new fence, this gem offers comfort and value. Enjoy the cozy fireplace, open living/dining space, and covered patio perfect for relaxing evenings. Situated on a 0.19-acre corner lot with mature trees and a 1-car garage. Convenient Midland location near schools, shopping, and parks. 1% of the sales price toward buyer cc.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$186,085Estimated Mortgage Balance
$42,192Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,585
$169,740
2025
$12,600
$157,140
$169,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,585
$169,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$188,000
No
First
Sep 2, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,085
$41,915
18%
82%
$1,128/mo

City: Midland

4901 Thomason Dr | Property Details | No Agent List