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General Description
minimizePriced well under assessors market value, this could be a chance in a lifetime for an incredible investment opportunity to own 2 homes side by side. Fully leased through Feb 2024 and income producing. Sellers were informed homes can be split to separate lots. Many beautiful updates in main residence which is 2,914 sq ft, 4 bdrm 2 bath. Oversized 950 sq ft 2 door garage and 289 sq ft shop, green house, storm shelter and sits on 1 acre. Other home has a Barndominium feel with 2,867 sq ft 2 bdrm 2 bath and attached 3 door 2000 sq ft shop and 2 storage buildings and sits on 2.94 acres. All livestock is approved and can roam in the back pasture which is pipe fenced.
Interior Features
Exterior Features
Additional Information
Financial Information
Selling Agent and Brokerage
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Property Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2022 | $85.92 | $250,380 | 6.21% | $250,380 | 6.21% |
| 2020 | $80.90 | $235,740 | 0.00% | $235,740 | 0.00% |
| 2019 | $80.90 | $235,740 | 17.62% | $235,740 | 17.62% |
| 2018 | $68.78 | $200,420 | 1.72% | $200,420 | 1.72% |
| 2017 | $67.62 | $197,040 | -1.29% | $197,040 | -1.29% |
| 2016 | $68.50 | $199,620 | 0.00% | $199,620 | 0.00% |
| 2015 | $68.50 | $199,620 | 5.38% | $199,620 | 5.38% |
| 2014 | $65.00 | $189,420 | 1.08% | $189,420 | 1.08% |
| 2013 | $64.31 | $187,400 | $187,400 |
2022 Midland County Appraisal District Tax Value
| Market Land Value: | $30,000 |
| Market Improvement Value: | $220,380 |
| Total Market Value: | $250,380 |
2022 Tax Rates
| MIDLAND COUNTY: | 0.1311 % |
| MIDLAND ISD: | 0.9148 % |
| MIDLAND COLLEGE: | 0.0800 % |
| MIDLAND HOSPITAL: | 0.0815 % |
| MIDLAND COUNTY UTILITY DIST: | 0.0300 % |
| Total Tax Rate: | 1.2374 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 2,005 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2022) | $ 258 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Average |
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Property Map
minimize701 E County Road 140 Midland TX 79706 was recently sold. It is a 2,914 SQFT, in T2S.
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