About This Home

This 3-bedroom, 2-bathroom single family at 1505 Community Lane in Midland, TX is listed for $300,000 ($146 per sqft). Built in 1953, the home offers 2,058 sqft of living space on a 0.28 acres lot.

Key Features

  • Built in 1953
  • 0.28 acre lot
  • Fireplace

Property Details

1 story
2 full
1953

Amenities

FireplaceA/C
Listing Description

CALLING ALL INVESTORS & VISIONARY BUYERS! Desirable Old Midland home, with 2,000+ sq. ft. of living space, creates an exciting opportunity to transform this 3/2 into something truly special. Versatile floor plan offers a family rm, 2nd living & office.

Seller will consider all offers. Property is being sold AS IS, Where IS, with NO REPAIRS to be made by the seller. The property WILL NOT BE CLEANED OUT prior to closing. Please submit all offers by 12:00 pm on THURSDAY, Oct. 15th. Seller will review all offers received and select the offer Seller determines to be the best overall offer.

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$88

Estimates only. Actual payments may vary.

Location

1505 Community Lane

Midland, TX 79701

Urbandale

Features & Amenities

Interior Features

CarpetingOther Floors

Exterior Features

Fence-MetalFence-WoodPatio-CoveredStorage Shed

Property Details

Construction

Brick Veneer

Outdoor Features

Patio

Heating

Central

Cooling

Central Air

Appliances

Range-Free StandingRange-Gas

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1505 Community Lane is listed at $300,000 ($146/sqft). The estimated monthly payment is $1,605 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1953, 0.28 acre lot, Fireplace. Interior Features: Carpeting, Other Floors. Exterior Features: Fence-Metal, Fence-Wood, Patio-Covered.

This property is listed by Dale Lookabaugh and can be reached at 4325530766.

DL

Dale Lookabaugh

Agent at AD2 Real Estate, LLC dba The Bill Lanier Team

(432) 553-0766

Listed by AD2 Real Estate, LLC dba The Bill Lanier Team · Broker phone: (432) 682-1144 · View on Broker Site · Broker website

MLS# 50098696· Source: Permian Basin Board of Realtors· 3 days on PropertySimple

Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1505 Community Lane, Midland, TX 79701

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