Midland County property record for 42 Community Ln, Midland, TX 79707
| Property Type | Other Improved |
|---|---|
| Lot Size | 1.5 acres (65,427 sqft) |
| Owner | Company Name on File |
| Last Sale | $212,800 (May 2022) |
| Tax Bill | $504 (2025) |
| Deeds & Mortgages | Feb 2026 Line of Credit May 2022 Mortgage |
| APN | R000221658 |
| Primary APN | R000221658 |
|---|---|
| Alternative APN |
|
| Lot Area | 65,427 sqft (1.5 acres) |
|---|
| Street Address | 7123 W COUNTY ROAD 42 |
|---|---|
| City | MIDLAND |
| State | TX |
| Zip | 79707-2003 |
| Property Category | Other |
| Property Type | Other > Other Improved |
| Legal Description | ACRES: 1.502 SUBD: HAPPY COVE RANCH ESTATES BLK: 001 LOT: 005 ADDN: HAPPY COVE RANCH ESTATES |
| Legal Subdivision | HAPPY COVE RANCH ESTATES |
| Legal Block | 1 |
| Legal Lot Number | 5 |
| Jurisdiction | MIDLAND TX |
| Township / Civil Division | MIDLAND |
| Census Block Group | 2 |
| Census Block | 2019 |
| Census Tract | 10121 |
42 Community Ln is owned by a company that bought it in May 2022.
Source: Midland County records, as of October 19, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | PO BOX 80598, MIDLAND, TX 79708-0598 |
| Owner Type | Company |
| Vesting | Company |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Date | Document |
|---|---|
| Feb 6, 2026 | Deed of Trust, Mortgage · Line of Credit COMMUNITY NATIONAL BANK |
| May 3, 2022 | Vendor's Lien, Transfer · Stand-Alone First Mortgage COMMUNITY NATIONAL BANK |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | May 3, 2022 · Amount on File |
| Deed Sale | May 3, 2022 · Amount on File |
| Deed Document Number | 202213067 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | MIDLAND TX |
| Property Address | 42 COMMUNITY LN, MIDLAND, TX 79707 |
| Transaction Type | Mortgage |
| Record Updated | Mar 11, 2026 |
| Title Company | WEST TX ABSTRACT, WEST TEXAS ABSTRACT |
| Name | Verified Name |
|---|---|
| Address | PO BOX 80598, MIDLAND, TX 79708-0598 |
| Document Number | 0000003142 |
|---|---|
| Date | Feb 6, 2026 |
| Instrument | 2026-03142 |
| Name | COMMUNITY NATIONAL BANK |
|---|---|
| Type | Bank |
| Address | MIDLAND, TX 79701 |
| Type | Line of Credit |
|---|---|
| Amount | Amount on Record |
| Term | 12 Months |
| Due | Feb 5, 2027 |
| Document Type | Vendor's Lien |
|---|---|
| Jurisdiction | MIDLAND TX |
| Recording Date | May 3, 2022 |
| Property Address | 42 COMMUNITY LN, MIDLAND, TX 79705 |
| Document Number | 0000003067 |
| Map Reference | CAB M PG 14 |
| Instrument Date | Apr 28, 2022 |
| Instrument | 2022-13067 |
| Transaction Type | Transfer |
| Record Updated | Apr 4, 2024 |
| Title Company | TEXAS COUNTRY TITLE |
| Tax | $0.00 |
|---|---|
| Additional |
|
| Name | Verified Name |
|---|---|
| Address | 4909 WIDENER STRIP, MIDLAND, TX 79707-1584 |
| Name | Verified Name |
|---|---|
| Address | PO BOX 80598, MIDLAND, TX 79708-0598 |
| Document Number | 0000003068 |
|---|---|
| Date | May 3, 2022 |
| Instrument | 2022-13068 |
| Name | COMMUNITY NATIONAL BANK |
|---|---|
| Type | Bank |
| Special Notes | Seller Financed |
| Type | Stand-Alone First Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 11 Months |
| Due | Apr 28, 2023 |
The 2025 property tax bill for 42 Community Ln was $504, down 4.2% from the year before.
Source: Midland County assessment roll, as of October 19, 2026
| Type | Name |
|---|---|
| State | Texas |
| County | Midland County |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $45,060 (-) Land $45,060 | $45,060 (-) Land $45,060 | |
| 2025 | $504.00 (-4.18%) | $45,060 Land $45,060 | $45,060 Land $45,060 |
| 2024 | $526.00 (+1.74%) | ||
| 2023 | $517.00 | $45,060 Land $45,060 | $45,060 Land $45,060 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
25 flood insurance policies are in force near 42 Community Ln.
Source: OpenFEMA NFIP redacted claims and policies, as of September 2026
| Flood Insurance Cost | Premium on File median of 25 policies |
|---|---|
| Community Rating System | Class 8 (10% premium discount) |
| Nearby Flood Policies | 25 in force |
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.
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