$600,000

PENDING $25K PRICE DROP

5008 E Tx-158 Midland, TX 79706

Estimated payment $3,850/month

Total Views 10,448

5 Beds

4 Baths

4,304 Sq Ft

$139 Price per Sq Ft

Highlights

RV Access or Parking
Traditional Architecture
Corner Lot
Deck
1 Fireplace
No HOA

About This Home

Versatile Multi-Residence Property on ~2 Acres in Greenwood ISD — Ideal for Investors, Business Owners, or Live-Work Living! Located in Greenwood ISD featuring 3 updated residences, ideal for investors, employee housing, or live-work use. Horse-ready with 3 stalls, tack room, corral, & water trough. Plenty of space for trailers, (2)RV hookups, & livestock. Includes water well, metal roof, 2-car garage, 2-car carport & outdoor entertainment space. Located just minutes from town, this unique property offers excellent income potential & flexibility for multi-family living or business operations.

Listing Agent

Dale Lookabaugh

The Bill Lanier Team License #0619875 Listed on: 04/27/2026

Property Details

Home Type

Multi-Family

Year Built

Built in 1940 | Remodeled

Lot Details

2 Acre Lot
Property fronts a highway
No Unit Above or Below
1 Common Wall
Wire Fence
Landscaped
Corner Lot
Cleared Lot
Front Yard

Parking

2 Car Attached Garage
2 Detached Carport Spaces
Side Facing Garage
Circular Driveway
Additional Parking
RV Access or Parking

Home Design

Traditional Architecture
Pillar, Post or Pier Foundation
Slab Foundation
Metal Roof

Interior Spaces

4,304 Sq Ft Home
Ceiling Fan
Recessed Lighting
1 Fireplace
Window Treatments
French Doors
Smart Thermostat
Laundry Room

Kitchen

Eat-In Kitchen
Breakfast Bar
Electric Oven
Electric Range
Dishwasher

Flooring

Carpet
Laminate
Tile

Bedrooms and Bathrooms

5 Bedrooms
4 Full Bathrooms
Soaking Tub

Outdoor Features

Balcony
Deck
Patio
Rear Porch

Farming

Agricultural

Utilities

Cooling System Mounted To A Wall/Window
Forced Air Zoned Heating and Cooling System
Septic Tank

Community Details

No Home Owners Association

Listing and Financial Details

Assessor Parcel Number R000000828

Property Details

Home Type

Multi-Family

Year Built

Built in 1940 | Remodeled

Lot Details

2 Acres

Parking

Listing Details

Property Type: Residential Income
Year Built: 1940
Reso Property Sub Type: Multi Family
ResoLaundryFeatures: Laundry Room
ResoLotFeatures: Agricultural, Cleared, Corner Lot, Front Yard, Landscaped
Road Frontage Type: Highway
Road Surface Type: Paved
Equipment: Call Listing Agent
Above Grade Finished Sq Ft: 4304.0
Style: Cabin, Traditional
Carport Y N: Yes
Reso Flooring: Carpet, Laminate, None, Tile
Garage Yn: Yes
Reso Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Pantry, Recessed Lighting, Smart Thermostat, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), Formica Counters
New Construction: No
Property Attached Yn: Yes
Reso Property Condition: Updated/Remodeled
ResoWindowFeatures: Window Coverings
Legal Description: Acres: 2.000, NW/PART, SURV: J B ROSE, BLK: 38-T2S, ABST: 584
General Property Information Accessibility Features YN2: No
SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDgxMSIsIkxpc3RpbmdJRCI6IjIwMjYwNTU4MyIsIlN0YW5kYXJkU3RhdHVzIjoiUGVuZGluZyIsIk1vZGlmaWNhdGlvblRpbWVzdGFtcCI6IjIwMjYtMDYtMDRUMTg6NTY6MjMuMDAwWiIsIkxpY2Vuc2VlSUQiOiJvYXV0aDJfNDI3MzYiLCJMaWNlbnNlZU5hbWUiOiJIb21lcyBQcm8ifQ.olIHidKSjxYbG14RCY0zhSAmUeDVlDVXDDHdPn83QL0/badge
Special Features: None
Property Sub Type: MultiFamily

Interior Features

Appliances: Dishwasher, Electric Oven, Electric Range
Private Spa: No
Basement: No
Door Features: French Doors
Fireplaces: 1
Fireplace: Yes

Exterior Features

Roof: Metal
Fencing: See Remarks, Wire
Acres: 2.0
Pool Private: No
Waterfront: No
Common Walls: 1 Common Wall, No One Above, No One Below
Construction Type: Unknown
Exterior Features: Balcony, RV Hookup, Smart Lock(s)
Foundation: Pillar/Post/Pier, Slab
Patio And Porch Features: Covered, Deck, Patio, Rear Porch

Garage/Parking

Attached Garage: Yes
Garage Spaces: 2.0
Parking Features: Additional Parking, Attached, Carport, Circular Driveway, Detached Carport, Garage Faces Side, Garage, RV Access/Parking, Shared Driveway

Utilities

Cooling: Central Air, Ceiling Fan(s), Multi Units, Wall/Window Unit(s), Zoned
Heating: Central, Zoned
Cooling Y N: Yes
HeatingYN: Yes
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water Source: Well

Condo/Co-op/Association

Community Features: None
Senior Community: No
HOA: No

Schools

Junior High Dist: Other-NonSouthPlains
Ninth Grade High School: Other High School
Middle Or Junior School: Other Jr. High

Lot Info

Lot Size Sq Ft: 87120.0
ResoLotSizeUnits: Acres
Parcel #: R000000828
Zoning Description: Other

Rental Info

Lease Term: Month To Month
Tenant Pays: Other

Multi Family

Number Of Units Total: 3

Tax Info

Tax Annual Amount: 470.0

MLS Schools

Elementary School: Other Elementary

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Event	Price	List to Sale	Price per Sq Ft
05/28/2026 05/28/26	Price Changed	$600,000	-4.0%	$139 / Sq Ft
05/21/2026 05/21/26	Pending	--	--	--
04/27/2026 04/27/26	For Sale	$625,000	--	$145 / Sq Ft

Source: Lubbock Association of REALTORS®

About the Listing Agent

Dale Lookabaugh

The Bill Lanier Team

(432) 302-8428

I help Midland buyers and sellers navigate the real estate process with clarity, honesty, and strong local market knowledge. My goal is to make each transaction as smooth and stress-free as possible while protecting my clients’ best interests.

I love serving the Midland community and helping clients find homes that truly fit their lifestyle. From first showings to final signatures, I focus on relationships, trust, and making sure my clients feel supported every step of the way.

View Dale's Profile

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Source: Lubbock Association of REALTORS®

MLS Number: 202605583

Texas Midland County Midland 79706

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

Dale Lookabaugh

Listing Agent

The Bill Lanier Team

(432) 302-8428

Only Homes.com connects you to the Listing Agent.

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