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$568,000

NAL Estimated Property Value

5415 Ridgemont Ct, Midland, TX, 79707

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,945 Sq Ft
price_per_sqft$191.85 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesMore than One Water Heater, Gas Water Heater, Gas Range, 2+ Ovens, Microwave, Dishwasher, Disposal
FlooringCarpet, Tile, Hardwood

Exterior

Exterior FeaturesAuto Sprinkler
Lot Size12,545 sqft

Building Information

Year Built1994
Stories1
Garage Spaces4

Land Information

APNR000021734
Lot Number47
SubdivisionGrassland Estates
Land UseResidence
Legal DescriptionACRES: 0.288 BLK: 007 LOT: 047 ADDN: GRASSLAND ESTATES SEC 9
Census Tract010120
Assessed Land Value$43,970
Assessed Improvement Value$449,510
Assessment Year2025

About this property

Spectacular 4/3.5 home w/amazing interior & exterior updates. Wonderfully inviting & open entry/formal living & large dining. Den/breakfast area & kitchen are great for large gatherings. Kitchen w/beautiful granite counters, updated appliances including double ovens & gas cooktop w/pot filler. Beautiful copper vent hood & sink. Separate desk area & large pantry. Primary suite has been beautifully updated as well. 3 spacious guest bedrooms including 1 requested suite. Breathtaking exterior oasis.

Investor Tools

Property Icon
$568,000
Estimated Property Value
$368,957Estimated Mortgage Balance
$199,603Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,408 /month
Positive
Cash Flow Estimate:
$1,136 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,399
$493,480
2025
$43,970
$449,510
$493,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,399
$493,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$375,000
No
First
May 22, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,957
$202,043
35%
65%
$2,249/mo

City: Midland

5415 Ridgemont Ct | Property Details | No Agent List