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5 Beds
4 Baths
4,522 sqft

$515,000

5008 E Hwy 158, Midland TX, 79706

Price per sqft$113.89
Built in1940
Property size4,522 sqft
Property typeMulti-family

Overview

Active

Listed Aug 17, 2026

Updated 12 days ago

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.

$3,426/mo

Est. mortgage payment based on a $515,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
50097630

Interior Features

Bedrooms
5
Bathrooms
4
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
2 Acres

Other Property Details

Taxes
$470
Tax Frequency
Annually
Garage
Yes

Courtesy of Dale Lookabaugh, The Bill Lanier Team

Listing Contact: 432-553-0766

Source: © 2025 Permian Basin Board of REALTOR®

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Permian Basin Board of REALTOR®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Tracy Farrow Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Copyright © 2025 Permian Basin Board of REALTOR®. All Rights Reserved.

Data last updated 4:08 AM UTC, 10/4/2026

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