$363,451Average Value$134Average Price per Sq Ft2Homes For Sale
The "New Old Midland"
In the compact Midland neighborhood of Fannin Terrace, homeowners and investors are breathing new life into well-loved midcentury properties. These updates have increased home prices and desirability while retaining much of the area’s original charm. “They’re calling that area the New Old Midland,” says longtime resident Andrea Thomas, Real Estate Agent with Keller Williams. “The Old Midland area, a renowned place, is pretty much all bought up. But these properties have really big trees, the backyards are large, and so are the bedrooms,” she says, making them a natural choice for modern renovations. The neighborhood is bordered by Midland College, which engages with residents through art shows, concerts and holiday events. Churches are also sewn into the neighborhood’s fabric, with half a dozen denominations within a mile. “Everywhere you look, there’s a church. And a lot of them have preschools and events,” says native Midlander Tracy Farrow, broker-owner of Tracy Farrow Realty. Fannin Terrace Baptist Church has served the community since the 1960s and organizes a popular Vacation Bible School program. Midland Airpark is also nearby, but low corporate aviation traffic means noise isn’t much of an issue.
Fannin Terrace
A single story ranch home with a well kept lawn found in Fannin Terrace.
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Renovating midcentury ranch-style homes to their former glory
Most of Fannin Terrace’s ranch-style homes were built in the 1960s and 1970s. Shaded, sidewalk-lined streets give way to wide driveways and two-car garages, and many lots are large enough to accommodate a backyard pool. But the area’s recent reputation as the “New Old Midland” has led to a slightly changing landscape. “The houses are nicer because they’ve been updated,” Farrow says, explaining that, in addition to interior renovations, a few original homes have been replaced by new construction that stands out for its raised ranch style. “You’ve got little houses and then these big ones that are kind of towering over their heads,” she says. It’s not surprising that these improvements have influenced home prices. While investors can still find a few properties for around $215,000, most three-bedroom homes range from $300,000 to $400,000, and home values are steadily rising.
Fannin Terrace
Homes in Fannin Terrace offer nice sized yards and smooth, tree lined streets.
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College and career opportunities abound in Midland ISD
Fannin Elementary, within walking distance for many residents, receives a B-minus from Niche. C-plus-rated San Jacinto Junior High has served the community for more than 70 years. Midland High, also rated C-plus, is currently split between two campuses, one for ninth graders and another for tenth through 12th grade students. Following a referendum passed in early 2024, the city revealed its plans to build a new high school in the coming years to house all four grades. As part of Midland Independent School District, students can enroll in career programs such as the Fire Academy, which culminates in a firefighter certification, or the Air Force JROTC. Private school options include A-minus-rated Midland Christian School and A-plus-rated Trinity School of Midland. Some students may also enroll in the tuition-free Early College High School at Midland College, which allows teens to graduate with an associate degree.
Discover the joy of learning at San Jacinto.
Students in the area can enjoy a great education at Midland High School.
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Accessible play at Inspiration Park
Besides the small playgrounds at the local elementary school and neighboring church, the adjoined Windlands and Tumbleweed parks are the closest green spaces, just over a mile away. This 60-plus acre expanse features the Windlands Park Disc Golf Course, looping natural trails, baseball fields and a soccer complex. The park also has a small xeriscape garden showcasing native and drought-tolerant plants. There’s also a colorful playground and an outdoor fitness station. Across the street, local nonprofit Spectrum of Solutions recently unveiled Inspiration Park, an accessible playscape for children of all abilities. COM Aquatics, an aquatic fitness organization with multiple indoor pools and programs for children and adults, is a few blocks away.
Kids and families can enjoy some outdoor time at Windlands Park.
A blooming bush of hydrangea flowers which bloom frequently throughout Fannin Terrance.
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Local dining off Wadley Avenue
West Wadley Avenue is the area’s main road and supports most local shopping and dining options, including favorites such as Ray’s Italian Bistro. This local pizza joint sits across the street from T&T Donuts, beloved for their donut holes — affectionately nicknamed “Yumbos.” The Plaza Oaks shopping center is home to Venezia, a high-end Italian eatery that’s been open since 1988. Mulberry Café satisfies morning caffeine cravings, while The Patio Drafthouse attracts diners for its sampling of handcrafted cocktails and local beers. For groceries, shoppers can visit the Natural Foods Market or head to the H-E-B off North Midkiff Road. Midland Park Mall and department stores like Target and Walmart sit just off state Route 250, about 2 miles away.
Fannin Terrace
Locals enjoying a fun dinner at The Patio Drafthouse near Fannin Terrace.
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Citywide celebrations in downtown Midland
Midland College’s Al G. Langford Chaparral Center hosts community events such as concerts, book signings and holiday evenings with Santa Claus. Most citywide events occur near Centennial Park in downtown Midland, including the annual Fourth of July celebration Star-Spangled Salute, outdoor concerts and a seasonal farmers market.
Fannin Terrace
Midland College offers a great campus and program for engineering and agriculture.
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Midland to Odessa via EZ-Connect
State Route 250, known to locals as The Loop, circles the city. It connects drivers to Interstate 20, which leads to the Midland International Air & Space Port in 10 miles and Odessa in 20 miles. The Midland Odessa Urban Transit District services both cities with the EZ-Connect bus, offering a direct route to Odessa from Midland’s Downtown Transfer Plaza. Local EZ-Rider buses also stop along major roads such as Wadley Avenue, and the 4-mile ride to downtown Midland takes about 30 minutes.
Fannin Terrace
Locals can shop at the Midland Park Mall any day of the week.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Clay Braden,
an experienced agent in this neighborhood.
Parks in this Area
Essex Park
Kiwanis Park
Pioneer Park
Butler Park Sports Complex
John P. Butler Park
Windlands Park
Transit
Airport
Midland International Air And Space Port
20 min drive
Fannin Terrace Demographics and Home Trends
On average, homes in Fannin Terrace, Midland sell after 41 days on the market compared to the national average of 70 days. The median sale price for homes in Fannin Terrace, Midland over the last 12 months is $210,890.
GORGEOUS QUALITY BUILT HOME!! On a quiet cul-de-sac and perfect for families!! TWO Roomy living areas bathed in light. Cook with ease in a kitchen featuring solid-wood cabinets & roll-out shelves. Step onto the extended paver patio—ideal for a future pergola and weekend BBQs—overlooking a lush yard plus greenhouse. Minutes from top schools, shopping & dining, this home delivers unbeatable
So many updates! This cute 3 bedroom and 2 bath home has a large backyard, bonus/flex room and storage building. Home is a must see! Home has new gas/sewer line, windows, paint inside & out, bathroom updates, doors carpet and more! Enjoy west Texas nights out side around the fire pit! Walking distance to Fannin Elementary. Contact your agent to schedule your showing today!!
Ready to move in & enjoy! Professionally upgraded home in desirable Fannin neighborhood. Contemporary trim and door package, shaker cabinets w/quartz counter tops. Open concept living w/fireglass gas fireplace, spacious kitchen, new stainless appliances, LVP floors. Large master w/ 2 walk in closets & walk in shower. New underground plumbing, gas line, 200 amp electrical service, complete HVAC
Christina McMillanReal Estate 1 - Christina McMillan
Beautifully remodeled 4 bedroom, 2 bath home in the back of a tree lined cul-de-sac! Recent paint, fixtures, kitchen, bathrooms, and laundry room!!! High ceilings and lots of windows with tons of natural light! Large back yard, In-ground pool , AND efficiency apartment with kitchenette and full bath out back. Nice storage building in privately fenced area as well! Pets considered on a case by
Interested in learning more about homes in this area?
Reach out to
Clay Braden,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,013
Median Age
34
Population Density
17 ppl/acre
Population under 18
31.2%
Above the national average
23.8%
Population over 65
13.5%
Below the national average
19.1%
Finances
Median Household Income
$122,272
Significantly above the national average
$71,702
Average Household Income
$135,271
Education and Workforce
High School Graduates
98.7%
College Graduates
58.7%
Above the national average
34.1%
Advanced Degrees
7.8%
% Population in Labor Force
75%
Above the national average
65.1%
Weather
Annual Precipitation
15''
Average Winter Low Temperature
31°F
Average Summer High Temperature
96°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
43/ 100
Somewhat Walkable
Walk Score®
54/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
