$399,000
NAL Estimated Property Value5527 Rio Grande Ave, Midland, TX, 79707
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesTankless Water Heater, Electric Range, Electric Cooktop, Self Cleaning Oven, Microwave, Dishwasher, Disposal, Dryer, Water Softener Owned, Water Purifier Owned
FlooringCarpet
Exterior
Lot Size7,405 sqft
Building Information
Year Built2007
Garage Spaces2
Land Information
APNR000203316
Lot Number19
SubdivisionHoliday Hill Village
Land UseResidence
Legal DescriptionACRES: 0.170 BLK: 003 LOT: 019 ADDN: HOLIDAY HILL VILLAGE SEC 3
Census Tract010120
Assessed Land Value$51,790
Assessed Improvement Value$288,600
Assessment Year2025
About this property
CORNER-GEM-LOT a stunning home with a flexible bonus room—perfect for an office, nursery, or hobby space. Priced below $400K, this home features professional landscaping & a massive, pool-sized backyard ready for your summer dreams. Move-in ready & designed for easy living, it delivers effortless style in a prime location. Rear entry garage w/large driveway for ample parking. Don't wait for the weekend—call now for a private tour & let's get you moved in by summer! Your next chapter starts here.
Investor Tools
$399,000
Estimated Property Value
$115,649Estimated Mortgage Balance
$283,351Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
$65/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,882
$340,390
2025
$51,790
$288,600
$340,390
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,882
$340,390
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$146,000
No
First
Jul 28, 2016
Aug 2046
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$115,649
$263,351
69%
29%
$876/mo
