# 5108 FM 307, Midland, TX 79706 > **TL;DR:** commercial, $989,000 ($112/sqft), 8,840 sqft. Est. $5,289/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $989,000 | | Price/sqft | $112 | | Square Feet | 8,840 | | Lot Size | 127,631 sqft (2.93 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $5,001 | | Estimated Insurance | $288 | | **Total** | **$5,289** | ## Property Highlights - 2.93 acre lot ## Description ### Agent 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. ## Location - **Address:** 5108 FM 307, Midland, TX 79706 - **County:** Midland - **Neighborhood:** 38T2S - **Coordinates:** 32.00429451, -101.9934838 - **Google Maps:** https://www.google.com/maps?q=32.00429451,-101.9934838 ## Virtual Tour & Media - **Video Tour:** tour.usamls.net/5108-Fm-307-Midland-TX-79706/unbranded ## Listing Agent - **Name:** Thomas Johnston - **Brokerage:** The Real Estate Ranch LLC - **Phone:** 4326888200 - **Broker Phone:** 4326888200 - **Listing URL:** [View original listing](https://listings.listhub.net/pages/OBORTX/160744/?channel=propsimple) ## Photos ![5108 FM 307 - Photo 1](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f3586767290r.jpg) ![5108 FM 307 - Photo 2](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f138843080r.jpg) ![5108 FM 307 - Photo 3](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f3475743728r.jpg) ![5108 FM 307 - Photo 4](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f3779501599r.jpg) ![5108 FM 307 - Photo 5](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f3284014264r.jpg) ![5108 FM 307 - Photo 6](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f1420338865r.jpg) ![5108 FM 307 - Photo 7](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f3546098511r.jpg) ![5108 FM 307 - Photo 8](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f3530545949r.jpg) ![5108 FM 307 - Photo 9](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f878479574r.jpg) ![5108 FM 307 - Photo 10](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f539473671r.jpg) ![5108 FM 307 - Photo 11](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f153536073r.jpg) ![5108 FM 307 - Photo 12](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f1727038811r.jpg) ![5108 FM 307 - Photo 13](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f1643720060r.jpg) ![5108 FM 307 - Photo 14](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f1191956227r.jpg) ![5108 FM 307 - Photo 15](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f1847373091r.jpg) ![5108 FM 307 - Photo 16](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f2583333215r.jpg) ![5108 FM 307 - Photo 17](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f2456924120r.jpg) ![5108 FM 307 - Photo 18](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f3047198449r.jpg) ![5108 FM 307 - Photo 19](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f2144296100r.jpg) --- **MLS#:** 160744 | **Updated:** 2026-08-28 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/5108-fm-307-midland-tx-79706-x160744) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/5108-fm-307-midland-tx-79706-x160744#listing", "url": "https://www.propertysimple.ai/listing/5108-fm-307-midland-tx-79706-x160744", "name": "5108 FM 307, Midland, TX 79706", "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. 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