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$288,000

NAL Estimated Property Value

5817 Settler Ave, Midland, TX, 79705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,421 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.79 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available

Exterior

Lot Size5,750 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APNR000229017
Lot Number67
Land UseResidence
Legal DescriptionACRES: 0.132 BLK: 009 LOT: 067 MOCKINGBIRD RIDGE SEC 7
Census Tract010123
Assessed Land Value$23,050
Assessed Improvement Value$56,867
Assessment Year2025

About this property

Enjoy easy, modern living in this like-new 3-bedroom, 2-bath home in Mockingbird Ridge. The open-concept layout feels spacious and welcoming, while the kitchen offers granite counters, a large bar, pantry, and included appliances for everyday convenience. No carpet means easy upkeep, and the split-bedroom design gives added privacy. With blinds, vinyl plank flooring, indoor laundry room, xeriscape front yard, and no back neighbors, this clean, move-in ready home is built for comfort.

Investor Tools

Property Icon
$288,000
Estimated Property Value
$227,651Estimated Mortgage Balance
$60,697Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,728 /month
Positive
Cash Flow Estimate:
$576 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$79,917
2025
$23,050
$56,867
$79,917
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$79,917

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Directions Equity Llc
Conventional
$231,731
No
First
Apr 1, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,651
$60,349
20%
79%
$1,390/mo

Learn About the Market: Opportunity in Texas

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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

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5817 Settler Ave | Property Details | No Agent List