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5001 Polo Parkway

5001 Polo Parkway, Midland, TX 79705
House in Polo Park
Local assessors in Midland, TX have categorized 5001 Polo Parkway as a type of property. The home was built in 1987 and is 39 years old. The property's lot size has been calculated to be 8,276 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 5001 Polo Parkway has a total of 2,194 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 575 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a on the property. Perfect for those who want to host pool parties over the summer. Residents rely on for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5001 Polo Parkway sold most recently in May 19, 2023 for a total of $587,527. If you work out the math, that's approximately a cost of $267.79 per sqft. 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 $592,324 in taxes each year. 5001 Polo Parkway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $447,420. If we break it down further, the land itself was valued at $25,500. Improvements to the property, however, were assessed at a total of $421,920. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Venner Exterior

Parking

Garage Parking

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20211001
10/01/2021
4 Bed
3 Bath
2462 ft²
$459,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2462 ft²
-
-
Cindy Beason
The Real Estate Group
20190926
09/26/2019
4 Bed
3 Bath
-
$300,000
bedrooms
4 Bed
bathrooms
3 Bath
-
-
-


Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 575
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,194
  • Building Area: 2,194
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,194
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POLO PARK
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ACRES: 0.195 BLK: 009 LOT: 008 ADDN: POLO PARK SEC 4

Neighborhood

  • School District Name: Midland Independent School District
  • Census Tract: 010108

Zoning

  • Zoning: 1F3

Geography

  • Assessors Map Reference: MAP M37D
  • Section: 4
  • Parcel: R000039621
  • Block: 9
  • Lot: 8
  • Municipality: CITY OF MIDLAND
  • Latitude: 32.0445
  • Longitude: -102.109

    Address

  • Full Address: 5001 Polo Pkwy
  • Address - House Number: 5001
  • Address - Street Name: Polo
  • Address - Suffix Type: Pkwy
  • State: TX
  • City Name: Midland
  • Carrier Code: C017
  • 4-Digit Zip Code: 1780
  • Zip Code: 79705

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $592,324
  • Tax Rate Code Area: CTM, HOS,

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 485,641
  • High Value: 564,890
  • Low Value: 406,393

    Market Valuation

  • Market Total Value: $447,420
  • Market Land Value: $25,500
  • Market Improvement Value: $421,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447,420
  • Assessed Land Value: $25,500
  • Assessed Improvements Value: $421,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 19, 2023
  • Current Sale Recording Date: May 22, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 12174
  • Previous Sale Recording Date: Nov 16, 2021
  • Previous Sale Contract Date: Nov 15, 2021
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Polo Park



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 5001 Polo Parkway located in?
The 5001 Polo Parkway is a house located in the neighborhood of Polo Park in Polo Park, Midland.
What is the average sales price for listings in 5001 Polo Parkway?
The average sales price for units in 5001 Polo Parkway is $0 currently.