$371,000
NAL Estimated Property Value8424 E County Rd 115, Midland, TX, 79706
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesElectric Water Heater, Dryer Electric, Electric Range, Dishwasher, Refrigerator
FlooringCarpet, Tile
Exterior
Lot Size5,532 sqft
Building Information
Year Built2021
Garage Spaces2
Land Information
APNR000223206
Lot Number31
SubdivisionVander Ranch
Land UseResidence
Legal DescriptionACRES: 0.127 BLK: 00F LOT: 031 ADDN: VANDER RANCH SEC 3
Census Tract010129
Assessed Land Value$22,200
Assessed Improvement Value$327,950
Assessment Year2025
About this property
Welcome to 8424 County Rd. 115 in Midland, TX! This 4-bedroom, 2-bath home offers approximately 2,188 sq ft with a bright, open-concept layout and abundant natural light throughout. The sequestered primary suite provides added privacy, while the additional bedrooms offer flexibility for family or office space. Enjoy the covered back patio—perfect for relaxing or entertaining. Located in a growing community, this home is ready for you to make it your own.
Investor Tools
$371,000
Estimated Property Value
$294,721Estimated Mortgage Balance
$76,279Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,549
$350,150
2025
$22,200
$327,950
$350,150
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,549
$350,150
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$313,500
No
First
Feb 8, 2023
Mar 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,721
$76,279
20%
79%
$1,880/mo
