$288,000
NAL Estimated Property Value6822 Flats Ct Fl Ats, Midland, TX, 79705
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesGas Water Heater, Electric Range, Microwave, Dishwasher, Disposal, Refrigerator
FlooringCarpet, Vinyl
Exterior
Lot Size5,750 sqft
Building Information
Year Built2021
Garage Spaces2
Land Information
APNR000223337
Lot Number10
SubdivisionLone Star Trails Ii
Land UseResidential
Legal DescriptionACRES: 0.132 LEGAL: BLK: 45 LOT:010 ADDN: LONE STAR TRAILS II SECTION 6
Census Tract010123
Assessed Land Value$23,000
Assessed Improvement Value$255,000
Assessment Year2025
About this property
Welcome to this beautifully designed, modern home built in 2021! Featuring an open-concept layout, this 3-bedroom, 2-bathroom home offers 1,518 sq. ft. of comfortable living space. The spacious kitchen and living areas flow seamlessly, perfect for entertaining or enjoying family time. Enjoy a private 2-car garage and a gorgeous backyard ideal for relaxing or hosting gatherings. Located in one of Midland's newest and most desirable neighborhoods.
Investor Tools
$288,000
Estimated Property Value
$278,217Estimated Mortgage Balance
$10,192Estimated Equity
3% 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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$475/month
$275/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,255
$278,000
2025
$23,000
$255,000
$278,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,255
$278,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Unknown
$279,837
No
First
Dec 12, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,217
$9,783
3%
97%
$1,678/mo
