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$459,000

7413 N N County Road 1297, Midland, TX, 79707

Off MarketInfo
Beds3 Beds
Baths2,226 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.18 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Garage AvailableGarage Available

Exterior

Lot Size35,850 sqft

Building Information

Year Built2007
Garage Spaces3

Land Information

APNR000204191
SubdivisionLuna Rosa Estates
Land UseResidential
Legal DescriptionACRES: 0.823 NW/4 SEC: 12 BLK: 41-T1S
Census Tract010126
Assessed Land Value$18,930
Assessed Improvement Value$333,300
Assessment Year2025

About this property

Don't miss out on this opportunity to own a great family home close to Midland and Odessa! 3 bed, 2.5 bath, 2226 Sq Ft open concept living and dining. Homestead sits on almost 2 fully fenced acres. This great country home also has a 30x40 shop, storage shed, conex storage box and 3 additional covered parking areas! Quiet country living but with the convenience of being only 10min from Midland or Odessa! New septic, HVAC, and a 3 year old roof are just a couple of the bonuses!

Investor Tools

Property Icon
$459,000
Estimated Property Value
$0Estimated Mortgage Balance
$22,984Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,874 /month
Positive
Cash Flow Estimate:
$958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,171
$352,230
2025
$18,930
$333,300
$352,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,171
$352,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community National Bank
Conventional
$439,850
No
First
Oct 10, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$436,016
$22,984
5%
95%
$2,638/mo

Learn About the Market: Opportunity in Texas

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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.

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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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7413 N N County Road 1297 | Property Details | No Agent List