$110,000

501 W Scharbauer Dr Unit 8 Midland, TX 79705

Cowden Neighborhood

Estimated payment $711/month

2 Beds
1 Bath
962 Sq Ft
$114 Price per Sq Ft

Highlights

  • In Ground Pool
  • Shades
  • Central Heating and Cooling System
  • Covered Patio or Porch
  • 1-Story Property
  • Water Softener is Owned

About This Home

This charming Condo is one you just have to see! It has a freedom lakehouse feel and warmth of home immediately when you enter the gate. Don't miss the opprotunity to call this place home!

Listing Agent

Michelle Lucas

Keller Williams Brokerage Phone: 4325205151 License #TREC #0829486 Listed on: 02/27/2026

Keller Williams

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,753

Year Built

  • Built in 1963

Lot Details

  • Property fronts an alley

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 962 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shades
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Alley Access
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Houston Elementary School
  • Abell Middle School
  • Midland High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned

Community Details

Overview

  • Property has a Home Owners Association
  • Lundy Park Addn Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,753

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Condominium,Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved, Alley Paved
  • Subdivision Name: Lundy Park Addn
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Structure Type: Condominium
  • Year Built: 1963
  • NAV47_rets_property_type: Residential
  • NAV47_SolarLeasedYN: No
  • NAV47_Dining_Areas: 1
  • NAV47_Living_Areas: 1
  • NAV47_NonAttachedLivableSqFtDesc: 0
  • NAV47_SecuritySystemLeasedYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Water Softener Owned
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Living Area: 962
  • Window Features: Shades/Blinds

Exterior Features

  • Lot Features: Low Maintenance
  • Pool Features: In Ground, Pool on Premise, Community
  • Pool Private: Yes
  • Construction Type: Wood/Masonry, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio-Covered, Patio-Open
  • Property Condition: Pre-Owned

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Assigned, Alley Access
  • Total Parking Spaces: 1

Utilities

  • Security: Smoke Detector(s)
  • 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: 458
  • Association Fee Frequency: None
  • Association: Yes

Schools

  • Elementary School: Houston
  • Junior High Dist: Midland
  • High School: Midland
  • Middle Or Junior School: Abell

Lot Info

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

Tax Info

  • Tax Annual Amount: 1753

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,816 $119,580 $0 $119,580
2024 $1,855 $122,170 $0 $122,170
2023 $1,820 $121,420 $0 $121,420
2022 $1,751 $112,060 $0 $112,060
2021 $1,800 $112,200 $0 $112,200
2020 $1,628 $93,950 $0 $93,950
2019 $1,779 $93,950 $0 $93,950
2018 $1,780 $91,530 $0 $91,530
2017 $1,835 $94,400 $0 $94,400
2016 $1,471 $87,500 $0 $87,500
2015 -- $87,500 $0 $87,500
2014 -- $70,430 $0 $70,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2026 02/27/26 For Sale $110,000 -- $114 / Sq Ft
Source: Permian Basin Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- West Texas Abstract & Title
Vendors Lien -- None Available
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $22,900 Purchase Money Mortgage
Source: Public Records

Source: Permian Basin Board of REALTORS®

MLS Number: 50091181

Permian Basin Board of REALTORS®

APN: R000047-603

Your Personal Tour Guide

Ask me questions while you tour the home.