2 Acres of Land with Home for Sale in Midland, Texas

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Land with Home for Sale in Midland, Texas

5008 E Highway 158, Midland, TX 79706

$625,000

2 acres

Active sale

8 days ago

Est $3,037/mo

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.

4,304

Sq feet

Beds

Full baths

1940

Built

Location

Street address: 5008 E Highway 158
County: Midland County
Community: Ms3
School district: Greenwood
Elevation: 2,746 feet
Coordinates: 31.9667, -101.982

Land for sale in Texas

Property details

Acreage: 2 acres
MLS #: PBBR 50094526
Posted: Apr 22, 20268 days ago

Property taxes

Recent: $470

Parcels

025403822800

Legal description

NW/PART, SURV: J B ROSE, BLK: 38-T2S, ABST: 584

Details and features

Listing

Type: Residential
Franchise: None

Lot

Features: Landscaped

Exterior

Parking: RV
Fencing: Fenced
Pool: Deck, Patio
Features: Barn/Stable, Fence-Metal, Guest Quarters, Patio-Covered, Patio-Open, Wood Deck

Structure

Stories: 1
Water: Well
Sewer: Septic Tank
Heating: Central
Cooling: Central Air
Materials: Pre-Owned
Roof: Metal

Interior

Rooms: Bathroom x 4, Bedroom x 5, Den, Laundry Room
Fireplaces: Yes
Appliances: Dishwasher, Microwave, Range-Electric, Range-Free Standing
Features: Auto Garage Opener, Ceiling Fan(s), High Ceilings, Jetted Tub, Pantry, Shades/Blinds, Smoke Detector(s), Tile Flooring

Nearby schools

Name	Type	District
Greenwood	Elementary	Greenwood
Greenwood	Middle	Greenwood
Greenwood	High	Greenwood

Listing history

Date	Event	Price	Change	Source
Apr 22, 2026	New listing	$625,000	—	PBBR

Payment calculator

This 2-acre property is located at 5008 E Highway 158 in Midland, TX 79706. The property is available for sale for $625,000. It has a 4,304 sq ft 5 bedroom, 4 bath house built in 1940.

Listed by The Bill Lanier Team, (432) 682-1144, Source

Checked 2 hours ago — Updated Apr 29, 2026

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