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$248,000

NAL Estimated Property Value

6300 Fm 1213, Midland, TX, 79706

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths— Bath
Baths1,600 Sq Ft
price_per_sqft$203.13 / sqft
Year BuiltBuilt in 1999

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms —Bathrooms —
Garage AvailableGarage Available

Exterior

Lot Size39.50 acres

Building Information

Year Built1940
Stories1
Garage Spaces5

Land Information

APNR000223286
Land UseResidential
Legal DescriptionACRES: 79.000 ALL LESS 1.0 AC SURV: LUE ANDREWS BLK: 38-T2S ABST: 612
Census Tract010124
Assessed Land Value$29,500
Assessed Improvement Value$44,990
Assessment Year2025

About this property

UNTESTRICTED!!! BRING YOUR BUSINESS!!! FRONTAGE ON 1213!!! 1,600 SQ FT INSULATED SHOP . No septic, water well is drilled but needs pump., electricity is already there. This incredible unrestricted property offers endless possibilities, featuring a spacious 1,600 sq ft shop perfect for business, hobbies, or storage. Whether you're dreaming of a home-based enterprise or a personal retreat, this versatile space is ready to make it happen.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$0Estimated Mortgage Balance
$248,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$920
$74,490
2025
$29,500
$44,990
$74,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$920
$74,490

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$244,000
100%
0%
$0/mo

City: Midland

6300 Fm 1213 | Property Details | No Agent List