$211,000
NAL Estimated Property Value6406 E County Rd 60, Midland, TX, 79705
Off Market
About this property
3.85 Acres cleared in Geenwood School District! Just waiting for your dream project to be built here, or fun to be had! There is 1 water well with 2500 gallon storage tank and 2 septics. Attractive brick and pipe fencing was added to the front and metal privacy fence around the perimeter of the property. Build your new home, barn, bring grandma, kids, and animals, and still have room to add a few rv spaces for income production. So many possibilities here.
Investor Tools
$211,000
Estimated Property Value
$249,640Estimated Mortgage Balance
$211,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$96/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$99
$7,510
2025
N/A
$7,510
$7,510
Yes (2021)
Tax History
Year
Tax Paid
Assessed Value
2024
$99
$7,510
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community National Bank
Unknown
$250,000
No
First
Mar 18, 2026
Mar 2027
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,640
N/A
0%
118%
$1,499/mo
