NOT LISTED FOR SALE

15 Lakes Dr Midland, TX 79705

Saddle Club Neighborhood

Estimated Value: $1,014,000 - $1,163,000

5 Beds
4 Baths
4,333 Sq Ft
$250/Sq Ft Est. Value

About This Home

This home is located at 15 Lakes Dr, Midland, TX 79705 and is currently estimated at $1,081,227, approximately $249 per square foot. 15 Lakes Dr is a home located in Midland County with nearby schools including Santa Rita Elementary School, Midland High School, and Midland Freshman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2025
Sold by
Davis Nicholas and Davis Savannah
Bought by
Smith Ian and Smith Emily
Current Estimated Value
$1,081,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$624,459
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$456,768

Purchase Details

Closed on
Nov 10, 2021
Sold by
Roybal Chloe Jordan
Bought by
Davis Nick and Davis Savannah

Purchase Details

Closed on
May 15, 2018
Sold by
Morrison Tom A and Morrison Jeannie C
Bought by
Davis Nicholas and Davis Savannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2012
Sold by
Clark Mitchell Ray and Clark Kathy
Bought by
Morrison Tom A and Morrison Jeannie C

Purchase Details

Closed on
Jul 16, 1996
Bought by
Morrison Tom A

Purchase Details

Closed on
Apr 20, 1992
Bought by
Morrison Tom A

Purchase Details

Closed on
Feb 19, 1992
Bought by
Morrison Tom A

Purchase Details

Closed on
Mar 1, 1985
Bought by
Morrison Tom A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Ian -- Lone Star Abstract & Title
Davis Nick -- Lone Star Abstract & Ttl Co
Davis Nicholas -- West Texas Abstract & Title
Morrison Tom A -- Lone Star Abstract & Title C
Morrison Tom A -- --
Morrison Tom A -- --
Morrison Tom A -- --
Morrison Tom A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Ian $625,000
Previous Owner Davis Nicholas $200,000
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,252 $1,201,950 $62,010 $1,139,940
2024 $12,179 $915,030 $62,010 $853,020
2023 $12,000 $915,030 $62,010 $853,020
2022 $13,408 $858,200 $62,010 $796,190
2021 $14,696 $843,550 $62,010 $781,540
2020 $13,894 $801,720 $62,010 $739,710
2019 $15,178 $801,720 $62,010 $739,710
2018 $12,629 $649,510 $62,010 $587,500
2017 $11,873 $610,620 $62,010 $548,610
2016 $11,034 $566,460 $62,010 $504,450
2015 -- $566,460 $62,010 $504,450
2014 -- $547,130 $62,010 $485,120
Source: Public Records

Map

Texas Midland County Midland 79705 Saddle Club

15 Lakes Dr, Midland, TX

Not Listed for Sale

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