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$511,000

887 N US Highway 385, Levelland, TX, 79336

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.47 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDisposal, Double Oven, Dishwasher, Microwave, Range, Water Heater
FlooringCarpet, Concrete, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Outdoor Grill, Other
Lot Size3.42 acres

Building Information

Year Built2000
Garage Spaces4

Land Information

APN19190
Land UseResidential
Legal DescriptionSCL, LGE 733, LAB 20, TR 2-3, ACRES 3.422
Census Tract950200
Assessed Land Value$16,530
Assessed Improvement Value$452,960
Assessment Year2025

About this property

Every detail has been thought of in this fantastic home in Levelland. This 4bed/3bath spacious home on 3.4 acres features 2 master suites,saltwater pool, with a slide and diving board; outdoor kitichen and living areas with stone fireplace; covered patio with retractable solar screens; and an outdoor hot tub. 2 extra large workshop / barns (40x60 insuleated, heated and cooled with a 20x20 loft storage; and a 30x40) with 3 overhead doors each, electricity (both are wired for 220v). Plenty of room to store RVs, boats, ATVs and trailers. Solar operated gate gives access to the circular paved drive. 8'perimeter metal fencing ensures privacy and security.2nd detached garage features a game room. Inside the home is hand scraped Allegheny wood floors, granite counters, and an expertly designed floor plan. 2 living areas, a separate dining area and custom designed kitchen with extra large pantry/mudroom. Master suite is sure to please with walk through closet and luxurious bath.

Investor Tools

Property Icon
$511,000
Estimated Property Value
$0Estimated Mortgage Balance
$143,010Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,234 /month
Positive
Cash Flow Estimate:
$1,078 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$746/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,401
$469,490
2025
$16,530
$452,960
$469,490
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,401
$469,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$418,500
No
First
Mar 19, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$367,990
$143,010
27%
72%
$2,510/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: Levelland

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887 N US Highway 385 | Property Details | No Agent List