About This Home

This 0-bedroom, 0-bathroom commercial at 5108 FM 307 in Midland, TX is listed for $989,000 ($112 per sqft). the home offers 8,840 sqft of living space on a 2.93 acres lot.

Key Features

  • 2.93 acre lot
Listing Description

Fantastic Opportunity to Build your Rental Income Or Add to Existing Portfolio in Greenwood ISD on 2.93 Acres w/ 195' of Frontage to FM 307 (4) Leased Units (3) w/ New 2 years. Rocks Throw to I-20, Close to Business Parks, & Greenwood ISD. Could be a possible value add by adding a few RV Spots. Work has been Done for you Wealth Starts Accruing Day 1.

Monthly Cost Estimate

$5,289/mo

20% down · 6.5% · 30 years

Principal$715
Interest$4,286
Insurance$288

Estimates only. Actual payments may vary.

Location

5108 FM 307

Midland, TX 79706

38T2S

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5108 FM 307 is listed at $989,000 ($112/sqft). The estimated monthly payment is $5,289 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 2.93 acre lot.

This property is listed by Thomas Johnston.

TJ

Thomas Johnston

Agent at The Real Estate Ranch LLC

Listed by The Real Estate Ranch LLC · Broker phone: 4326888200 · View on Broker Site · Broker website

MLS# 160744· Source: Odessa Board of Realtors· 8 days on PropertySimple

Copyright © 2026 Odessa 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.

5108 FM 307, Midland, TX 79706

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