5008 E TX-158, Midland, TX 79706 | MLS #202605583

Listing provided courtesy of The Bill Lanier TeamMLS# 202605583

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.

Source: Lubbock MLS, MLS#: 202605583

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Property Type

Residential Income
Lot

2.00 acres

General

Association/HOA

Association: false

School Information

Elementary School: Other Elementary
Middle Or Junior School: Other Jr. High
High School: Other High School

Building Information

New Construction: false
Year Built: 1940

Location/Region

County Or Parish: Midland
MLS Area Major: Other
MLS Area Minor: Other

Community/Development

Community Features: None

Rent/Lease Information

Tenant Pays: Other

Tax Information

Tax Annual Amount: 470.0

General Information

Listing Terms: Cash,Conventional,FHA,VA Loan
Parcel Number: R000000828
Property Condition: Updated/Remodeled
Property Sub Type: Multi Family
Property Type: Residential Income
Senior Community: false

Interior

Parking Information

Garage Spaces: 2.0
Garage: true

Beds/Baths

Bathrooms Full: 4
Bathrooms Total: 4
Bedrooms Total: 5

Building Interior

Above Grade Finished Area: 4304.0
Above Grade Finished Area Source: Public Records
Building Area Total: 4304.0

General Information

Appliances: Dishwasher,Electric Oven,Electric Range
Basement: No
Common Walls: 1 Common Wall,No One Above,No One Below
Door Features: French Doors
Fireplace: true
Fireplaces Total: 1
Flooring: Carpet,Laminate,Tile,None
Foundation Details: Pillar/Post/Pier,Slab
Interior 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)
Laundry Features: Laundry Room
Living Area Source: Public Records
Other Equipment: Call Listing Agent
Spa: false
Window Features: Window Coverings

Exterior

Parking Information

Parking Features: Additional Parking,Attached,Carport,Circular Driveway,Detached Carport,Garage,Garage Faces Side,RV Access/Parking,Shared Driveway

Lot Information

Lot Features: Agricultural,Cleared,Corner Lot,Front Yard,Landscaped
Lot Size Acres: 2.0
Lot Size Area: 2.0
Lot Size Source: Public Records
Lot Size Square Feet: 87120.0
Lot Size Units: Acres
Road Surface Type: Paved
Water Source: Well

Waterfront/View

Waterfront: false

Building Exterior/Construction

Architectural Style: Cabin,Traditional
Attached Garage: true
Construction Materials: Unknown
Patio And Porch Features: Covered,Deck,Patio,Rear Porch
Property Attached: true
Roof: Metal

General Information

Carport Spaces: 2.0
Carport: true
Exterior Features: Balcony,RV Hookup,Smart Lock(s)
Fencing: Wire,See Remarks
Pool Private: false
Road Frontage Type: Highway
Sewer: Septic Tank
Utilities: Cable Connected,Electricity Connected,Sewer Connected,Water Connected

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WestMark REALTORS
WestMark, REALTORS
Office 806-794-6000

Median Age

31
Population Density

37
College Educated

30%
Estimated Median Income

$89,162
Estimated Total Home Owners

6,797
Estimated Total Renters

1,806
Owner / Renter Divide

79% / 21%
Estimated Average Household Size

3
Total Population

27,354
Community data courtesy of LiveBy, Inc.

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 5008 E TX-158

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date	Event	Value
6/4/2026Source: Lubbock MLS	Status Change	Pending
5/28/2026Source: Lubbock MLS	Price Reduction	$600,000 -4.0%
4/27/2026Source: Lubbock MLS	Added to Database	April 27, 2026

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Success

Owning this Home

Life at 5008 E TX-158

Schools

History