Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$1,538,000

NAL Estimated Property Value

5600 Greenridge, Midland, TX, 79707

Off MarketInfo
Beds4 Beds
Baths7 Bath
Baths5,846 Sq Ft
price_per_sqft$290.8 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 7Bathrooms Full 7
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesGas Water Heater, Electric Range, 2+ Ovens, Dishwasher, Disposal
FlooringCarpet, Tile, Hardwood

Exterior

Exterior FeaturesAuto Sprinkler
Lot Size19,558 sqft

Building Information

Year Built1997
Garage Spaces4

Land Information

APNR000021659
Lot Number15A
SubdivisionGrassland Estates
Land UseResidence
Legal DescriptionACRES: 0.449 BLK: 4B LOT: 15A ADDN: GRASSLAND ESTATES SEC 13
Census Tract010120
Assessed Land Value$68,520
Assessed Improvement Value$1,203,710
Assessment Year2025

About this property

FANTASTIC 4 BED/3 BATH/3 HALF BATH/3 CAR GARAGE LISTING IN GRASSLAND ESTATES! ZONED AS O-1 (OFFICE) PERFECT FOR HOME-BASED BUSINESSES AND/OR STUDIOS!! 3 LIVING AREAS, DUAL FIREPLACE LARGE KITCHEN IN RESIDENTIAL SIDE AND AMAZING OFFICE SPACE W/PRIVATE OFFICES, BULLPEN STYLE ROOMS, (2 1/2 baths) AND CONFERENCE ROOM+ADDITIONAL PARKING SPACES OFF HERITAGE BLVD! RESIDENTIAL PROPERTY & OFFICE SPACE UNDER ONE ROOF W/SEPARATE ENTRANCES!! NICELY LANDSCAPED YARDS W/AUTO SPRINKLER SYSTEM!

Investor Tools

Property Icon
$1,538,000
Estimated Property Value
$439,719Estimated Mortgage Balance
$1,099,920Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,200 /month
Positive
Cash Flow Estimate:
$3,400 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,024/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,604
$1,272,230
2025
$68,520
$1,203,710
$1,272,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,604
$1,272,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community National Bank
Unknown
$650,250
No
First
Apr 12, 2012
Apr 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$439,719
$1,098,281
71%
29%
$3,899/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

5600 Greenridge | Property Details | No Agent List