$1,259,000
NAL Estimated Property Value5701 Longhorn Ln, Midland, TX, 79707
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesMore than One Water Heater, Gas Water Heater, Gas Range, 2+ Ovens, Microwave, Dishwasher, Disposal
FlooringCarpet, Tile
Exterior
Exterior FeaturesAuto Sprinkler
Lot Size39,770 sqft
Building Information
Year Built2011
Garage Spaces4
Land Information
APNR000205899
Lot Number15
SubdivisionLos Conchos Estates
Land UseResidential
Legal DescriptionACRES: 0.913 BLK: 001 LOT: 015 ADDN: LOS CONCHOS ESTATES
Census Tract010121
Assessed Land Value$89,500
Assessed Improvement Value$900,030
Assessment Year2025
About this property
Custom home w/stunning architectural features throughout plus incredible versatility. Main home has 4 bedrooms, 3.5 baths, 2 dining, dedicated office w/balcony + Chef's dream kitchen + 3-car garage. Detached GUEST HOME offers1 bedroom, 1 bath, full living/kitchen & dining + 1 car garage. Detached THEATER ROOM offers state of the art equipment, built-ins & half bath. All of this, plus incredible outdoor spaces including vineyard/pergola area, front courtyard & veranda area, back veranda & patio.
Investor Tools
$1,259,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,259,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,400 /month
Positive
Cash Flow Estimate:
$2,800 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,638/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,365
$989,530
2025
$89,500
$900,030
$989,530
No
Tax History
Year
Tax Paid
Assessed Value
2024
$13,365
$989,530
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,314,000
100%
0%
$0/mo
