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
Permian Basin Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested