$35,000
$20K PRICE DROP

501 W Scharbauer Dr Unit 28 Midland, TX 79705

Cowden Neighborhood

Estimated payment $597/month

Total Views 18,722
1 Bed
1 Bath
512 Sq Ft
$68 Price per Sq Ft

Highlights

  • In Ground Pool
  • Tile Flooring
  • Ceiling Fan
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

Great 1 bedroom 1 bath home with fresh paint, new carpet and new appliances. Ready for all buyers! This is a Fannie Mae HomePath Property!

Listing Agent

Greg Graham

Graham & Co. Realty Group Brokerage Phone: 4699160030 License #TREC #0500704 Listed on: 03/04/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $590

Year Built

  • Built in 1963

HOA Fees

  • $364 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 512 Sq Ft Home
  • Ceiling Fan
  • Gas Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Bowie Elementary School
  • San Jacinto Middle School
  • Midland High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Sutton Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number R000047623

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$590

Year Built

Built in 1963

Lot Details

0

HOA Fees

$364 per month

Listing Details

  • Property Sub Type: Townhome-Attached,Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Sutton Place
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Townhome-Attached
  • Year Built: 1963
  • NAV47_rets_property_type: Residential
  • NAV47_SolarLeasedYN: No
  • NAV47_Living_Areas: 1
  • NAV47_SecuritySystemLeasedYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Range
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 512
  • Dining Room Features: Other-See Remarks
  • Master Bedroom Features: None

Exterior Features

  • Lot Features: Low Maintenance
  • Pool Features: In Ground, Pool on Premise
  • Pool Private: Yes
  • Foundation Details: Slab
  • Patio And Porch Features: Patio-Covered
  • Property Condition: Pre-Owned
  • Roof: Composition

Garage/Parking

  • Parking Features: Other-See Remarks

Utilities

  • Laundry Features: Other-See Remarks
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 364
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Bowie
  • Junior High Dist: Midland
  • High School: Midland
  • Middle Or Junior School: San Jacinto

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: R000047623

Tax Info

  • Tax Annual Amount: 590

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $589 $37,600 $0 $37,600
2024 $590 $38,840 $0 $38,840
2023 $582 $38,840 $0 $38,840
2022 $764 $48,870 $0 $48,870
2021 $851 $48,870 $0 $48,870
2020 $912 $52,630 $0 $52,630
2019 $996 $52,630 $0 $52,630
2018 $873 $44,910 $0 $44,910
2017 $914 $47,000 $0 $47,000
2016 $844 $43,340 $0 $43,340
2015 -- $43,340 $0 $43,340
2014 -- $28,900 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 For Sale $35,000 0.0% $68 / Sq Ft
10/21/2025 10/21/25 Off Market -- -- --
10/17/2025 10/17/25 For Sale $35,000 0.0% $68 / Sq Ft
10/17/2025 10/17/25 Off Market -- -- --
10/07/2025 10/07/25 Price Changed $35,000 -12.5% $68 / Sq Ft
09/24/2025 09/24/25 For Sale $40,000 0.0% $78 / Sq Ft
09/03/2025 09/03/25 Off Market -- -- --
08/08/2025 08/08/25 Price Changed $40,000 -18.4% $78 / Sq Ft
06/27/2025 06/27/25 Price Changed $49,000 -2.0% $96 / Sq Ft
06/17/2025 06/17/25 For Sale $50,000 0.0% $98 / Sq Ft
05/27/2025 05/27/25 Off Market -- -- --
04/05/2025 04/05/25 Price Changed $50,000 -9.1% $98 / Sq Ft
03/04/2025 03/04/25 For Sale $55,000 -- $107 / Sq Ft
Source: Permian Basin Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Trustee Deed $27,200 None Listed On Document
Vendors Lien -- Stc
Deed -- --
Warranty Deed -- Lone Star Abstract & Title C
Deed -- --
Quit Claim Deed -- None Available
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $23,120 Purchase Money Mortgage
Source: Public Records

Source: Permian Basin Board of REALTORS®

MLS Number: 50080450

Permian Basin Board of REALTORS®

APN: R000047-623