2511 Rio Place

2511 Rio Place has been categorized by the local assessors in Midland, TX as a type of property. The building on the property was first built in 2020 and is 6 years old. In addition, 2511 Rio Place has 1,140 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,663 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a for those who require parking. The garage measured 290 sqft. According to our sources, there is one available parking space. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2511 Rio Place sold most recently in Oct 6, 2022 for a total of $283,822. If you work out the math, that's approximately a cost of $248.97 per sqft. Before that, the property was also sold for $182,500 in Jan 28, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $299,094 in taxes each year. 2511 Rio Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $199,580. If we break it down further, the land itself was valued at $22,980. Improvements to the property, however, were assessed at a total of $176,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.