Why Live in Fairmont Park
Fairmont Park, located on the west side of Midland, Texas, is a suburban neighborhood known for its convenience and charming homes. The area features a mix of single-family ranch-style homes with brick exteriors, two-car garages, and landscaped yards, as well as apartment buildings and retail spaces. The neighborhood's proximity to shopping centers, such as those near Loop 250, makes running errands easy for residents. Fairmont Park is served by the Midland Independent School District, with students attending Legacy Senior High School, Legacy Freshman High School, Abell Junior High School, and Parker Elementary School. The neighborhood also has access to private schools, including a faith-based option and Bynum School, which caters to students with various disabilities.
Essex Park, a four-acre green space in the heart of Fairmont Park, offers a shaded play structure, picnic pavilion, basketball court, and a paved walking path. Nearby CJ Kelly Park provides additional amenities, including lighted sports fields, a fishing pond, and a playground. For indoor activities, Bowlero Midland offers bowling on Route 250. Grocery shopping is convenient with United Supermarkets and stores like Target and Walmart nearby. Dining options include Chito’s Mexican Restaurant and Sports Bar.
Fairmont Park is well-connected, with Loop 250 providing access to Interstate 20 and destinations like Odessa, 21 miles west, and Midland International Air and Space Port, 12 miles west. The neighborhood also hosts community events, such as the annual Star-Spangled Salute on the 4th of July, featuring fireworks, live music, and a children's parade.
Frequently Asked Questions
Is Fairmont Park a good place to live?
Fairmont Park is a good place to live. Fairmont Park is considered car-dependent and somewhat bikeable. Fairmont Park has 11 parks for recreational activities. It is somewhat dense in population with 7.6 people per acre and a median age of 34. The average household income is $80,831 which is below the national average. College graduates make up 25.5% of residents. A majority of residents in Fairmont Park are renters, with 59.5% of residents renting and 40.5% of residents owning their home. A
local real estate agent serving Fairmont Park can help you decide if this neighborhood is the right one for you. Learn more on our
Fairmont Park neighborhood guide.
How much do you need to make to afford a house in Fairmont Park?
The median home price in Fairmont Park is $337,000. If you put a 20% down payment of $67,400 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $1,700 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $73K a year to afford the median home price in Fairmont Park. The average household income in Fairmont Park is $81K.
What are the best public schools in Fairmont Park?
The best public schools that serve Fairmont Park are:
What are the best private schools in Fairmont Park?
The best private schools that serve Fairmont Park are:
What are the most popular zip codes in Fairmont Park, Midland, TX?
What are the most popular neighborhoods near Fairmont Park, Midland, TX?
Are home prices dropping in Fairmont Park?
Yes, home prices in Fairmont Park are down 3% in the last 12 months.
Home Trends in Fairmont Park, TX
On average, homes in Fairmont Park, Midland sell after 27 days on the market compared to the national average of 52 days. The median sale price for homes in Fairmont Park, Midland over the last 12 months is $317,000, down 3% from the median home sale price over the previous 12 months.
Median Sale Price
$317,000
Median Single Family Sale Price
$335,000
Average Price Per Sq Ft
$178
Number of Homes for Sale
5
Last 12 months Home Sales
7
Median List Price
$337,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-3%