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$342,000

NAL Estimated Property Value

800 W Kansas Ave, Midland, TX, 79701

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,982 Sq Ft
price_per_sqft$173.56 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesGas Water Heater, Dryer Electric, Gas Range, Self Cleaning Oven, Microwave, Dishwasher, Disposal
FlooringTile, Hardwood

Exterior

Lot Size10,498 sqft

Building Information

Year Built1942
Stories1
Garage Spaces2

Land Information

APNR000024602
Lot Number11
SubdivisionHigh School
Land UseResidence
Legal DescriptionACRES: 0.241 BLK: 023 LOT: 011 E/2 & ALL OF ADDN: HIGH SCHOOL LOT 12
Census Tract000500
Assessed Land Value$21,000
Assessed Improvement Value$265,100
Assessment Year2025

About this property

Looking for a shop? Feast your eyes on this 20x20 heated and cooled shop for hobbies or storage. It doesn't stop there! This storybook cottage is as sweet as it gets! Surrounded by lush parks and playful spaces, and downtown amenities, it's the perfect setting for making lifelong memories. Enjoy the annual Christmas parade on the grand front porch. Soak up the sun through the noise blocking, energy efficient windows! So many extra finishes and updates to see in person!

Investor Tools

Property Icon
$342,000
Estimated Property Value
$333,830Estimated Mortgage Balance
$8,669Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,248
$286,100
2025
$21,000
$265,100
$286,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,248
$286,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$337,769
Yes
First
Aug 15, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,830
$7,170
2%
98%
$2,026/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.

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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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800 W Kansas Ave | Property Details | No Agent List