Price Reduction - Eco Friendly
Address
5008 E Hwy 158, Midland, TX
Price
$ 535,000
Property Attributes
  • MLS#50094526
  • TypeSingle Family
  • Listing Status Active
  • CountyMidland
  • CityMidland
  • AreaMS3
  • NeighborhoodNone
  • Zip79706
  • StyleSingle Family Residence
  • Year Built1940
  • Taxes$ 470
  • Price$ 535,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3258
  • Lot Size2 Acres
Data Source:
Permian Basin BOR (PBBOR)
Property Description

Versatile Multi-Residence Property on ~2 Acres in Greenwood ISD - Ideal for Investors, Business Owners, or Live-Work Living! Located in Greenwood ISD featuring 3 updated residences, ideal for investors, employee housing, or live-work use. Horse-ready with 3 stalls, tack room, corral, & water trough. Plenty of space for trailers, (2)RV hookups, & livestock. Includes water well, metal roof, 2-car garage, 2-car carport & outdoor entertainment space. Located just minutes from town, this unique property offers excellent income potential & flexibility for multi-family living or business operations.

Elementary School Middle School High School
Greenwood Elementary School Greenwood Middle School Greenwood High School
Price History
4/22/2026 Listed $625,000
5/14/2026 4$600,000
7/17/2026 8$550,000
9/14/2026 3$535,000

General Features

Sewer Septic Tank
Heating Central
Cooling Central Air
Roof Metal
Construction Materials Other
Levels One
Property Subtype Single Family Residence
Parcel Number R000000828
County Midland
Property Type Residential
HOA false
Attached Garage true
Subdivision Name None
Garage Y/N true
Status Active
Directions From Big Spring turn left on Florida. Florida turns into Hwy 158. 5008 E Hwy 158 is on the right just past 5 points.
City Midland
MLS Area MS3
Carport Y/N true
Tax Annual Amount 470
Showing Instructions BrokerBay,Special Instructions
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Legal Description NW/PART, SURV: J B ROSE, BLK: 38-T2S, ABST: 584
Freehold BBO,IDX
High School Greenwood
High School District Greenwood
Lot Size Units Acres
Lot Size Square Feet 87120
Elementary School Greenwood
Middle/Junior High School Greenwood
Virtual Tour https://tour.usamls.net/5008-E-Hwy-158-Midland-TX-79706/unbranded
Middle/Junior School District Greenwood
Elementary School District Greenwood
Appliances Multiple Water Heaters,Dishwasher,Microwave,Electric Range,Free-Standing Range,Other-See Remarks
Garage Spaces 2
Pool Features None
Year Built 1940
Energy Efficient Thermostat
Full Baths 4
Carport Spaces 4
Other Structures Barn/Stable,Guest House
Patio/Porch Features Patio-Covered,Patio-Open,Wood Deck
Property Condition Pre-Owned
Exclusions Mineral Rights, Personal Items, and ALL Tenant Items
Security Features Smoke Detector(s)
Spa Features Bath

Interior Features

Interior Amenities Garden/Sun Room,Ceiling Fan(s),Pantry,High Ceilings
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
LivingAreaSource MCAD
Fireplace Features Wood Burning,Other-See Remarks
Laundry Features Inside Utility Room
Total Bedrooms 5
Total Baths 4
Dining Room Features Formal Area,Other-See Remarks
Primary Bedroom Features Separate Closets,Sequestered Master
Flooring Other,Tile
Window Features Shades/Blinds
Kitchen Features Breakfast
Primary Bathroom Features Double Vanity

Exterior Features

Fencing Metal
Parking Features Auto Garage Opener,Attached,Parking Pad,RV Access/Parking
Water Source With Pump,Well
Foundation Details Slab
Spa true
Building Area Total 4522
Road Surface Type Paved
Lot Features Landscaped
Lot Size Area 2
Lot Size Acres 2
Total Parking 6
Covered Spaces 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 79706

Price
AVG $600K
$540K
Taxes
AVG $3,526
$470
Year Built
AVG 2006
1940

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