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7001 Mcpherson Lane

7001 Mcpherson Lane, Midland, TX 79706
House in Midland
7001 Mcpherson Lane has been categorized by the local assessors in Midland, TX as a type of property. The building on the property was first built in 2021 and is 5 years old. In addition, 7001 Mcpherson Lane has 2,783 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 6,098 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 459 sqft. According to our sources, there are a total of 2 available parking spaces. 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, 7001 Mcpherson Lane sold most recently in Mar 31, 2022 for a total of $461,900. If you work out the math, that's approximately a cost of $165.97 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 $605,833 in taxes each year. 7001 Mcpherson Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $404,260. If we break it down further, the land itself was valued at $18,470. Improvements to the property, however, were assessed at a total of $385,790. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20240216
02/16/2024
4 Bed
3 Bath
2783 ft²
$440,000
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2783 ft²
-
-
The Hatfield Team at Keller Williams
Keller Williams Realty Midland


Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • 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: 459
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,783
  • Building Area: 2,783
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,783
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LEGACY
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: ACRES: 0.141 LEGAL: BLK: 030 LOT: 031 ADDN: LEGACY SEC 10

Neighborhood

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

Geography

  • Section: 10
  • Parcel: R000222149
  • Block: 30
  • Lot: 31
  • Municipality: MIDLAND
  • Latitude: 31.9806
  • Longitude: -102.177

    Address

  • Full Address: 7001 Mcpherson Ln
  • Address - House Number: 7001
  • Address - Street Name: Mcpherson
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Midland
  • Carrier Code: R020
  • 4-Digit Zip Code: 1713
  • Zip Code: 79706

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $605,833
  • Tax Rate Code Area: CTM, HOS,

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 429,475
  • High Value: 498,786
  • Low Value: 360,164

    Market Valuation

  • Market Total Value: $404,260
  • Market Land Value: $18,470
  • Market Improvement Value: $385,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,260
  • Assessed Land Value: $18,470
  • Assessed Improvements Value: $385,790

    Sales

  • Current Sale Contract Date: Mar 31, 2022
  • Current Sale Recording Date: Apr 05, 2022
  • Current Sale Price:
  • Current Sale Document Type: 21
  • Current Sale Input Document Number: 9909
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 7001 Mcpherson Lane located in?
The 7001 Mcpherson Lane is a house located in the neighborhood of Midland in Midland, Midland.
What is the average sales price for listings in 7001 Mcpherson Lane?
The average sales price for units in 7001 Mcpherson Lane is $0 currently.