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Single Family ResidenceResidential
$460,000$185 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 88How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

5506 RIDGEMONT

MIDLAND, TX 79707
2
Baths
2,483 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.26 ac
Lot SizeThe size of the land the home sits on, from county records.
1996
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$460K
$403K low$517K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$113,000
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$90,400
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.75%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$347,000
GUILD MORTGAGE CO · recorded Aug 25, 2025

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,828 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$441,610 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$40,060
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$401,550
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$421,780
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$441,610

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyMidland
Lot (acres)The size of the land the home sits on, from county records.0.26
HeatingThe type of heating system in the home.None
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Scharbauer Elementary SchoolB-
Elementary · Grades PK–6 · 0.3 mi
M
Abell Junior High SchoolD
Middle · Grades 7–8 · 0.4 mi
H
Legacy High SchoolC+
High · Grades 10–12 · 1.8 mi

District: Midland Independent School District

Neighborhood · ZIP 79707These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.88
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.102
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.41

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.39,962
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.419 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$124,619
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$156,843
Average tempThe average temperature here across a full year.63°F
Annual precipHow much rain and melted snow falls here in a typical year.15 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.73%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

5506 Ridgemont measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 95% of homes in Grassland Estates
  • Costs less per square foot than 95% of homes in Grassland Estates
  • Smaller than 85% of homes in Grassland Estates
  • Has a bigger lot than 70% of homes in Midland 79707

What homes are worth in Midland 79707

Each bar is how many homes fall in that price range. The marker is this home.

This home
$229K$1.3M

This home is worth more than 53% of homes in Midland 79707.

How it measures up in Midland 79707

The dot is this home. The mark in the middle is the typical home in Midland 79707.

Estimated value$460,000
CheaperTypical $441,741Pricier

Pricier than 53% of homes nearby

Price per ft²$185
CheaperTypical $198Pricier

Pricier than 35% of homes nearby

Living area2,483 ft²
SmallerTypical 2,173 ft²Bigger

Bigger than 63% of homes nearby

Lot size0.26 ac
SmallerTypical 0.2 acBigger

Bigger than 70% of homes nearby

Year built1996
OlderTypical 1991Newer

Newer than 59% of homes nearby

How 5506 Ridgemont ranks against every home in each area.
MeasureThis homeGrassland EstatesMidland 79707Midland County
Estimated valuepricier than$460,0005% of homes53% of homes75% of homes
Price per ft²pricier than$1855% of homes35% of homes54% of homes
Living areabigger than2,483 ft²15% of homes63% of homes80% of homes
Lot sizebigger than0.26 ac39% of homes70% of homes67% of homes
Year builtnewer than199641% of homes59% of homes58% of homes

About 5506 Ridgemont

How much is 5506 Ridgemont, Midland, TX worth?

The TopHap Estimate for 5506 Ridgemont, Midland, TX is $460,000 as of Jul 14, 2026. The likely range is $402,839 to $517,161. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5506 Ridgemont, Midland, TX last sell?

5506 Ridgemont, Midland, TX last sold on Aug 25, 2025, according to the county's recorded deed.

How big is 5506 Ridgemont, Midland, TX?

5506 Ridgemont, Midland, TX has 2 bathrooms, 2,483 square feet of living space and a 0.26-acre lot.

When was 5506 Ridgemont, Midland, TX built?

5506 Ridgemont, Midland, TX was built in 1996, making it 30 years old. The building has 1 story.

What schools serve 5506 Ridgemont, Midland, TX?

5506 Ridgemont, Midland, TX is assigned to Scharbauer Elementary School (elementary), rated B-; Abell Junior High School (middle), rated D; Legacy High School (high), rated C+. All sit in Midland Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5506 Ridgemont, Midland, TX compare to other homes in Midland 79707?

Among the 12,238 homes in Midland 79707, it is worth more than 53% of them ($460,000 against a typical $441,741), its price per square foot is higher than 35% of them ($185 against a typical $198), it is bigger than 63% of them (2,483 ft² against a typical 2,173 ft²), its lot is bigger than 70% of them (0.26 ac against a typical 0.2 ac) and it is newer than 59% of them (1996 against a typical 1991). Measured against all of Midland County, it is worth more than 75% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5506 Ridgemont, Midland, TX?

The 2024 property tax bill for 5506 Ridgemont, Midland, TX was $3,828. The county assessed it at $441,610.

Closest homes

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Assigned schools

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