Under Contract

5008 E Hwy 158

Midland, TX 79706
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Bed 5

Bed

Bath 4

Bath

SqFt3,258

Sqft

Acres2

Acres(Lot)

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.

Detail Ic Property Details

Property Type : Residential

Price : $550,000

AD Id : 88169857

MLS Id : 50094526

Beds : 5

Lot Size : 2 Acres

Living Area Size : 3,258

Tax Amount : 470.00

Year Built : 1940

County : Midland

  • Map Map

Map

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Map Nearby Areas

Feature Features

  • Bathroom Information

    Total Baths: 4 Full Baths: 4 Primary Bedroom Features: Separate Closets, Sequestered Master Bathroom 1 Features: Double Vanity

    Room Information

    Other Rooms: Breakfast

    Bedroom Information

    Total Bedrooms: 5 Window Feature: Shades/Blinds

    Water/Sewer

    Sewer: Septic Tank
  • Flooring Information

    Other, Tile
  • Roofing Information

    Metal
  • Interior Features

    Garden/Sun Room, Ceiling Fan(s), Pantry, High Ceilings Roof: Metal Appliances: Multiple Water Heaters, Dishwasher, Microwave, Electric Range, Free-Standing Range, Other-See Remarks Laundry Features: Inside Utility Room
  • Heating & Cooling

    Heating: Central Cooling: Central Air WaterSource: With Pump
  • Fireplace

    Fireplace: Yes Fireplace Features: Wood Burning, Other-See Remarks

  • Building Information

    Year Built: 1940 Construction: Other Security System: Smoke Detector(s) Roof: Metal Foundation Details: Slab
  • Exterior Features

    Foundation Details: Slab
    Porch: Patio-Covered
  • Pool Information

    None
  • Road Types

    Paved
  • Fencing

    Metal
  • Pool Features

    None
  • Laundry Features

    Inside Utility Room
  • Patio And Porch

    Patio-Covered
  • Fencing

    Metal

  • Lot Information

    Lot Description: Landscaped Lot Size Area: 2 Acres Lot Square Feet: 87,120 Main Square Feet: 3,258

    Property Information

    Property Type: Residential Sub Type: Single Family Residence SQ ft (Living Area): 3,258 Subdivision: None Source Neighborhood: None Construction Materials: Other Property Age: 86 Source Neighborhood: MS3 Area: Midland S: 79706 Living Area Source: MCAD

  • Listing Price Information

    Listing Id: 50094526 List Price: $550,000 Original List Price: $625,000 List Price Tot SqFt: $169 Listing Terms Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: R000000828 Annual Tax: $470 Taxes: NW/PART, SURV: J B ROSE, BLK: 38-T2S, ABST: 584

  • Parking Information

    No of Garage Spaces: 2 Has Garage: Yes Attached Garage: Yes Parking Total: 6 Parking Features: Auto Garage Opener

  • School Information

    Elementary School: Greenwood
    Elementary School District: Greenwood
    Junior High School: Greenwood
    Junior High School District: Greenwood
    Senior High School: Greenwood
    Senior High School District: Greenwood
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
22918 S County Rd 1186, Midland, TX, 79706 $340,000 4 3 2,330 1.99 Acres
22920 S County Rd 1185, Midland, TX, 79706 $240,000 3 2 1,200 1.06 Acres
4519 S County Rd 1070, Midland, TX, 79706 $297,000 3 2 1,792 1 Acre
9802 E County Rd 110, Midland, TX, 79706 $525,000 4 2 2,003 3.79 Acres
8718 S County Rd #1259, Midland, TX, 79706 $175,000 3 2 1,300 1.06 Acres
13801 E County Rd 113, Midland, TX, 79706 $795,000 4 3.5 3,110 1.50 Acres
5610 E County Rd 93, Midland, TX, 79706 $860,000 5 3.5 2,865 0.51 Acre
1314 E County Rd 149, Midland, TX, 79706 $255,000 4 2 1,698 1 Acre
7404 E County Rd 96, Midland, TX, 79706 $860,000 4 2 2,316 4.58 Acres
2718 S County Rd 1091, Midland, TX, 79706 $550,000 4 3 2,242 1 Acre

ByOwner last updated this listing 09/07/2026 @ 14:57

MLS: 50094526 LISTED BY: Dale Lookabaugh, The Bill Lanier Team 432-682-1144 SOURCE: Permian Basin

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