10700 W CR 143, Midland TX

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10700 W CR 143, Midland TX 79706

Asking Price : $169,000

Property Description

Perfect Ranchito in Midland. This 1216 square foot, 2 bedroom, 1.5 bath home with 2 shops, sitting on 7.9 acres!!!  Property has unlimited possibilities and plays! Perfect for a new build, enough room for multiple houses or mobile homes, etc. Property has a brand new water well! Hidden away from city and oilfield traffic. Needs a good clean, cosmetic overhaul, roof, and central A/C.

The Numbers
Estimated After-Repair-Value (ARV) $300,000
Asking Price ($169,000)
Estimated Repairs ($60,000)
Gross Profit Potential $70,000
Rent Estimate N/A
Estimated Cap Rate N/A
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Property Photos

Facts and Features
Type Single Family Residence Garage None
Year Built 1930 Roof Type Composition
Home Square Feet 1,216 Foundation Type Pier & Beam
Lot Size 7.9 Acres Exterior Material Brick, Siding
Bedrooms 2 Number of Levels 2
Bathrooms 1.5
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Comparable Homes – Sold Square Feet Sold Price Acres
5701 County Rd 1285 2,013 $335,900 6.5
9103 County Rd 160 1,818 $295,000 3.89
6001 County Rd 1285 1,476 $243,000 1.0
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DISCLAIMER: House is being sold as-is, and buyer is to pay all closing costs. No representations written or oral are made concerning the property above. Price based on a cash or hard money offer and is net to seller, 7-10 day close of escrow is required. Buyers to do their own independent due diligence and take any necessary precautions to verify any and all material facts. Investidom and its members/representatives make no guarantees concerning property condition, value, characteristics or financial benefits. Investidom may or may not currently own the properties being marketed and may be marketing the equitable interest however great or small in the given properties (without any warranty or representation other than it is the buyer under the subject contract). Opinion of value is given as courtesy. Our opinion is just an opinion and seller makes no guarantees or warranties, express or implied, as to the value or condition of the home.