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6407 Commonwealth Road

6407 Commonwealth Road, Midland, TX 79706
House in Midland
6407 Commonwealth Road has been categorized by the local assessors in Midland, TX as a type of property. The building on the property was first built in 2015 and is 11 years old. In addition, 6407 Commonwealth Road has 1,607 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 5,227 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 426 sqft. According to our sources, there are a total of 2 available parking spaces. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6407 Commonwealth Road was last sold in Jun 9, 2023 for $383,040. According to our calculations, that's $238.36 per sqft. Prior to that sales transaction, the property was sold for $330,200 in Oct 2, 2020. Current property owners are expected to pay $294,357 in taxes per year. The property on 6407 Commonwealth Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $271,480. To break that down further, the land itself was valued at $16,500. While improvements to the property were assessed at a total of $254,980. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Venner Exterior

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230511
05/11/2023
3 Bed
2 Bath
1607 ft²
$305,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1607 ft²
-
-
Tracy Farrow
LEGACY REAL ESTATE BROKERAGE
20200814
08/14/2020
3 Bed
2 Bath
1607 ft²
$277,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1607 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • 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: 426
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,607
  • Building Area: 1,607
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,607
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEGACY
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ACRES: 0.126 BLK: 002 LOT: 041 ADDN: LEGACY ADDITION

Neighborhood

  • School District Name: Midland Independent School District
  • Census Tract: 010126

Geography

  • Parcel: R000211900
  • Block: 2
  • Lot: 41
  • Municipality: MIDLAND
  • Latitude: 31.9843
  • Longitude: -102.168

    Address

  • Full Address: 6407 Commonwealth Rd
  • Address - House Number: 6407
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Midland
  • Carrier Code: R020
  • 4-Digit Zip Code: 2977
  • Zip Code: 79706

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $294,357
  • Tax Rate Code Area: CTM, HOS,

    Appraisal Valuation

  • Standard Deviation: 0.2178
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 70
  • Final Value: 318,917
  • High Value: 388,405
  • Low Value: 249,430

    Market Valuation

  • Market Total Value: $271,480
  • Market Land Value: $16,500
  • Market Improvement Value: $254,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,480
  • Assessed Land Value: $16,500
  • Assessed Improvements Value: $254,980

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 2023
  • Current Sale Recording Date: Jun 12, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13987
  • Previous Sale Recording Date: Oct 05, 2020
  • Previous Sale Contract Date: Oct 02, 2020
  • Previous Sale Amount: $330,200
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Midland



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Frequently Asked Questions

What neighborhood is 6407 Commonwealth Road located in?
The 6407 Commonwealth Road is a house located in the neighborhood of Midland in Midland, Midland.
What is the average sales price for listings in 6407 Commonwealth Road?
The average sales price for units in 6407 Commonwealth Road is $0 currently.