# 501 Texas Ave, Midland, TX 79701

> **TL;DR:** land, $500,000. Est. $2,674/mo. Listed 177 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $500,000 |
| Lot Size | 13,983 sqft (0.32 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 177 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,528 |
| Estimated Insurance | $146 |
| **Total** | **$2,674** |

## Nearby Schools

- **Elementary:** Dezavala
- **Middle:** Alamo
- **High:** Midland

## Property Highlights

- 0.32 acre lot

## Description

### Agent Description
CORNER LOT, PROPERTY READY FOR YOUR NEW BUSINESS, CLOSE TO DOWN TOWN, ACCESIBLE TO HIGHWAY 80.

## Location

- **Address:** 501 Texas Ave, Midland, TX 79701
- **County:** Midland
- **Neighborhood:** Original Town
- **Coordinates:** 31.9989851, -102.0691025
- **Google Maps:** https://www.google.com/maps?q=31.9989851,-102.0691025

## Virtual Tour & Media

- **Video Tour:** tour.usamls.net/501-Texas-Ave-Midland-TX-79701/unbranded

## Listing Agent

- **Name:** Leo Salcido
- **Brokerage:** Black Orchid Real Estate
- **Phone:** 4325574487
- **Broker Phone:** 4328133538
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/501-E-Texas-Ave_Midland_TX_79701_M95231-81195?f=listhub&s=PBBRTX&m=50093731&c=propsimple)

## Photos

![501 Texas Ave - Photo 1](http://lh.rdcpix.com/7e08274a4581562e1ac1376ae15839a7l-f3868658444r.jpg)

![501 Texas Ave - Photo 2](http://lh.rdcpix.com/7e08274a4581562e1ac1376ae15839a7l-f3085905873r.jpg)

![501 Texas Ave - Photo 3](http://lh.rdcpix.com/7e08274a4581562e1ac1376ae15839a7l-f1104288384r.jpg)

---

**MLS#:** 50093731 | **Updated:** 2026-07-02
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/501-texas-ave-midland-tx-79701-50093731)

---

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