NOT LISTED FOR SALE

2403 Terrace Ave Midland, TX 79705

Fannin Terrace Neighborhood

Estimated Value: $342,000 - $517,000

5 Beds
4 Baths
2,747 Sq Ft
$157/Sq Ft Est. Value

About This Home

This home is located at 2403 Terrace Ave, Midland, TX 79705 and is currently estimated at $432,584, approximately $157 per square foot. 2403 Terrace Ave is a home located in Midland County with nearby schools including Fannin Elementary School, San Jacinto Junior High School, and Midland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2025
Sold by
Taylor Rodney and Taylor Leinani
Bought by
Murphy Mitchell
Current Estimated Value
$432,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$255,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$172,193

Purchase Details

Closed on
Jun 21, 2019
Sold by
Ajd Ventures Llc
Bought by
Taylor Leinani and Taylor Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2012
Sold by
Lynch Lanelle
Bought by
Fdic and Colonial Bank

Purchase Details

Closed on
Aug 21, 2007
Sold by
Lee Mary Helen Crooks
Bought by
Tanner Charles and Cox Joni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,460
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2003
Sold by
Bergstrom Jo Ellen Lee
Bought by
Colonial Bank

Purchase Details

Closed on
Sep 30, 2003
Bought by
Colonial Bank

Purchase Details

Closed on
Aug 9, 2000
Sold by
Crooks Ola Belle Cregg
Bought by
Colonial Bank

Purchase Details

Closed on
Sep 20, 1989
Bought by
Colonial Bank

Purchase Details

Closed on
Aug 4, 1959
Bought by
Colonial Bank
Source: Public Records

Range of Values:

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
Murphy Mitchell -- West Texas Abstract & Title Co
Taylor Leinani -- None Available
Fdic $269,049 None Available
Tanner Charles -- Lone Star Abstract & Title C
Colonial Bank -- --
Colonial Bank -- --
Colonial Bank -- --
Colonial Bank -- --
Colonial Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Mitchell $255,000
Previous Owner Taylor Leinani $356,250
Previous Owner Tanner Charles $190,460
Source: Public Records

Tax History Compared to Growth

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
2024 $6,076 $487,270 $25,060 $462,210
2023 $5,824 $476,130 $25,060 $451,070
2022 $6,763 $432,880 $25,060 $407,820
2021 $7,079 $406,360 $25,060 $381,300
2020 $6,143 $400,060 $25,060 $375,000
2019 $7,574 $400,060 $25,060 $375,000
2018 $6,302 $324,110 $25,060 $299,050
2017 $6,326 $325,340 $25,060 $300,280
2016 $5,277 $270,910 $25,060 $245,850
2015 -- $270,910 $25,060 $245,850
2014 -- $251,440 $0 $0
Source: Public Records

Map

Texas Midland County Midland 79705 Fannin Terrace

2403 Terrace Ave, Midland, TX

This home is located at 2403 Terrace Ave, Midland, TX 79705 and is currently estimated at $432,584, approximately $157 per square foot. 2403 Terrace Ave is a home located in Midland County with nearby schools including Fannin Elementary School, San Jacinto Junior High School, and Midland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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