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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 TX-158, Midland, TX 79706

$625,000
2 acres
Active sale
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
5
Beds
4
Full baths
1940
Built

Location

Street address
5008 E TX-158
County
Midland County
Elevation
2,744 feet
Coordinates
31.9665, -101.9823
Land for sale in Texas

Property details

Acreage
2 acres
MLS #
LAOR 202605583
Posted

Property taxes

Recent
$470

Parcels

  • R000000828

Legal description

Acres: 2.000, NW/PART, SURV: J B ROSE, BLK: 38-T2S, ABST: 584

Details and features

Listing

Type
Residential Multi Family
Unit Count
3

Lot

Features
Agricultural, Cleared, Corner Lot, Front Yard, Landscaped

Exterior

Parking
Carport, Driveway, Garage, RV
Pool
Deck, Patio, Porch
Features
Balcony, RV Hookup, Smart Lock(s)

Structure

Stories
1
Water
Well
Sewer
Septic Tank
Heating
Central, Zoned
Cooling
Ceiling Fan(s), Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Roof
Metal
Windows
Window Coverings

Interior

Rooms
Bathroom x 4, Bedroom x 5
Flooring
Carpet, Laminate, Tile
Fireplaces
Yes
Appliances
Dishwasher, Electric Oven, Electric Range
Features
Breakfast Bar, Ceiling Fan(s), Eat-In Kitchen, Formica Counters, High Ceilings, Pantry, Recessed Lighting, Smart Thermostat, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s)

Listing history

DateEventPriceChangeSource
May 23, 2026Price increase$625,000$25,000 4.2%LAOR
May 15, 2026Price drop$600,000$25,000 -4%PBBR
Apr 22, 2026New listing$625,000—PBBR
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This 2-acre property is located at 5008 E TX-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

Checked 2 hours agoUpdated Source

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