2408 Terrace Ave, Midland, TX 79705 Property Records

Midland County property record for 2408 Terrace Ave, Midland, TX 79705

Property Summary

Property Type	Single Family Home
Details	2 ba · 2,370 sqft · built 1959
Lot Size	0.256 acres (11,151 sqft)
Owner	Individual Name on File
Last Sale	$430,920 (Nov 2024)
Tax Bill	$3,959 (2025)
Deeds & Mortgages	Apr 2023 Mortgage Sep 2021 Mortgage
APN	`R000019767`

Property Details

APN / Parcel Number

Primary APN	`R000019767`
Alternative APNs	`00036210.004.0050` `362100040050`

Interior

Full Baths	2 Baths
Stories	1 Story
Building Area	2,370 sqft Living Area
1st Floor Area	2,370 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1959
Effective Year Built	Effective 1959
Lot Area	11,151 sqft (0.256 acres)
Garage Type	Mixed
Garage Area	420 sqft
Parking Spaces	4 Parking Spaces
Storage Building	240 sqft

Utilities, Heating & Cooling

Cooling System	HVAC

Location & Zoning

Street Address	2408 TERRACE AVE
City	MIDLAND
State	TX
Zip	79705-7322
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	1F1
Legal Description	ACRES: 0.256 SUBD: FANNIN TERRACE BLK: 004 LOT: 005 ADDN: FANNIN TERRACE
Legal Subdivision	FANNIN TERRACE
Legal Block	4
Legal Lot Number	5
Jurisdiction	MIDLAND TX
Township / Civil Division	MIDLAND
Census Block Group	1
Census Block	1019
Census Tract	303

Owner

2408 Terrace Ave is owned and occupied by an individual who bought it in November 2024.

Source: Midland County records, as of October 19, 2026

Owner of Record	Individual Name on File
Mailing Address	2408 TERRACE AVE, MIDLAND, TX 79705-7322
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Apr 26, 2023	Vendor's Lien, Transfer · Conventional Mortgage LRS FINANCIAL NETWORK INC
Sep 2, 2021	Vendor's Lien, Transfer · Conventional Mortgage PRIMELENDING

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 4, 2024 · Amount on File
Deed Sale	Nov 4, 2024 · Amount on File
Prior Sale	Apr 26, 2023 · Amount on File
Deed Document Number	202426014
Prior Transfer Date	Sep 1, 2021
Prior Transfer Doc	0000007638
Record Updated	Oct 29, 2026

April 2023: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	MIDLAND TX
Recording Date	Apr 26, 2023
Property Address	2408 TERRACE AVE, MIDLAND, TX 79705-7322
Document Number	0000009695
Map Reference	CAB B PG 46
Instrument Date	Apr 26, 2023
Instrument	2023-09695
Transaction Type	Transfer
Record Updated	Apr 4, 2024
Title Company	LONE STAR ABSTRACT AND TITLE COMPANY, LONE STAR ABSTRACT & TITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2408 TERRACE AVE, MIDLAND, TX 79705-7322

Mortgage

Document Number	0000009696
Date	Apr 26, 2023
Instrument	2023-09696

Lender

Name	LRS FINANCIAL NETWORK INC
Type	Funding / Finance Company
Special Notes	Seller Financed

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	May 1, 2053

September 2021: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	MIDLAND TX
Recording Date	Sep 2, 2021
Property Address	2408 TERRACE AVE, MIDLAND, TX 79705-7322
Document Number	0000007638
Map Reference	CAB B PG 46
Instrument Date	Sep 1, 2021
Instrument	2021-27638
Transaction Type	Transfer
Record Updated	Apr 4, 2024
Title Company	WEST TX ABSTRACT AND TITLE COMPANY LLC, WEST TX ABSTRACT & TTL CO LL

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2408 TERRACE AVE, MIDLAND, TX 79705-7322

Mortgage

Document Number	0000007639
Date	Sep 2, 2021
Instrument	2021-27639

Lender

Name	PRIMELENDING
Type	Mortgage Company
Special Notes	Seller Financed

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	181 Months
Due	Oct 1, 2036

Tax Assessment & Valuation

The 2025 property tax bill for 2408 Terrace Ave was $3,959 with a homeowner's exemption, down 29.2% from the year before.

Source: Midland County assessment roll, as of October 19, 2026

Property Jurisdictions

Type	Name
State	Texas
County	Midland County
Municipality	Midland City
Unified School District	Midland Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$297,600 (-20.13%) Land $25,060 Building $272,540	$297,600 (-20.13%) Land $25,060 Building $272,540
2025	$3,959.00 (-29.18%) Homeowner's exemption	$372,600 Land $25,060 Building $347,540	$372,600 Land $25,060 Building $347,540
2024	$5,590.00 (+56.06%)
2023	$3,582.00 Homeowner's exemption	$316,890 Land $25,060 Building $291,830	$316,890 Land $25,060 Building $291,830

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA has no flood map on file for 2408 Terrace Ave; there have been 2 flood claims nearby since 2005.

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Not on file
Flood Insurance Cost	Premium on File median of 112 policies
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	112 in force
Nearby Flood Claims	2 (2005–2010)
Claims Outside the SFHA	1 of 2
Most Recent Claim	May 2010 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 2408 Terrace Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 99.3% of Texas
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF MIDLAND WATER PURIFICATION PLANT serves 157,000 people · EPA ID TX1650001
Water Source	Surface water
Last State Inspection	Mar 2025
Lead	3 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Feb 2026 Arsenic resolved · Oct 2023
Treatment and Procedure	None last 10 years
Monitoring and Reporting	2 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 520 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber · Fixed Wireless, DSL in parts of the area	5,000 / 5,000
Astound Broadband Cable	1,500 / 50
Optimum Cable	940 / 35
Verizon Fixed Wireless	300 / 20

May also be available: Net Ops Communications, Nextlink.

Nearby Properties on Terrace Ave

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures