$605,000
$20K PRICE DROP

5500 Drexel Ct Midland, TX 79707

Grassland Estates Neighborhood

Estimated payment $3,896/month

Total Views 3,875
4 Beds
5 Baths
3,375 Sq Ft
$179 Price per Sq Ft

Highlights

  • In Ground Pool
  • Formal Dining Room
  • Laundry in Utility Room
  • Breakfast Area or Nook
  • 3 Car Attached Garage
  • Tile Flooring

About This Home

So Much to Offer in Grassland Subdivision! This spacious 4-bedroom home is ideal for comfortable living and entertaining, featuring two primary suites, two dining areas, and two living areas—plenty of room to grow and spread out. Step outside to enjoy your private backyard oasis, complete with a refreshing pool and pool house—perfect for summer relaxation or gatherings. As part of the desirable Grassland community, you'll also enjoy access to two additional neighborhood pools, adding even more value and convenience. Seller is offering $10K in concessions with acceptable offer!

Listing Agent

Brandi Davis

Fathom Realty Brokerage Phone: 4329781724 License #TREC #0747180 Listed on: 06/18/2025

Fathom Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,587

Year Built

  • Built in 1994

Lot Details

  • 10,367 Sq Ft Lot
  • Wood Fence
  • Landscaped

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,375 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Ceiling Fan
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry in Utility Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Schools

  • Scharbauer Elementary School
  • Abell Middle School
  • Legacy High School

Additional Features

  • In Ground Pool
  • 286 SF Accessory Dwelling Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R000021705

Community Details

Overview

  • Grassland Estates Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,587

Year Built

Built in 1994

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.238
  • Road Surface Type: Paved
  • Subdivision Name: Grassland Estates
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1994
  • NAV47_rets_property_type: Residential
  • NAV47_SolarLeasedYN: No
  • NAV47_Dining_Areas: 2
  • NAV47_NonAttachedLivable Sq Ft: 286
  • NAV47_Living_Areas: 2
  • NAV47_NonAttachedLivableSqFtDesc: Pool house
  • NAV47_SecuritySystemLeasedYN: No
  • Attribution Contact: 4329781724
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Formal Living, Ceiling Fan(s), Pantry, Bookcases
  • Living Area: 3089
  • Dining Room Features: Formal Area
  • Master Bedroom Features: Sequestered Master
  • Room Kitchen Features: Breakfast

Exterior Features

  • Fencing: Wood
  • Lot Features: Landscaped
  • Pool Features: In Ground, Pool on Premise, Community
  • Pool Private: Yes
  • Foundation Details: Slab
  • Property Condition: Pre-Owned
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Attached
  • Total Parking Spaces: 3

Utilities

  • Laundry Features: Inside Utility Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Scharbauer
  • Junior High Dist: Midland
  • High School: Legacy
  • Middle Or Junior School: Abell

Lot Info

  • Lot Size Sq Ft: 10367.28
  • Farm Land Area Units: Square Feet
  • Parcel #: R000021705

Tax Info

  • Tax Annual Amount: 6587.49

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
2024 $5,947 $476,930 $36,310 $440,620
2023 $6,920 $461,730 $36,310 $425,420
2022 $7,392 $473,140 $36,310 $436,830
2021 $7,902 $453,590 $36,310 $417,280
2020 $6,715 $434,440 $36,310 $398,130
2019 $8,225 $434,440 $36,310 $398,130
2018 $7,905 $406,550 $36,310 $370,240
2017 $7,546 $388,080 $36,310 $351,770
2016 $7,462 $383,060 $36,310 $346,750
2015 -- $383,060 $36,310 $346,750
2014 -- $363,680 $36,310 $327,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 Price Changed $605,000 -3.2% $179 / Sq Ft
06/18/2025 06/18/25 For Sale $625,000 -- $185 / Sq Ft
Source: Permian Basin Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Available
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

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See All Homes in Midland

Source: Permian Basin Board of REALTORS®

MLS Number: 50082802

Permian Basin Board of REALTORS®

APN: R000021-705

Texas Midland County Midland 79707 Grassland Estates

5500 Drexel Ct, Midland, TX

This home is located at 5500 Drexel Ct, Midland, TX 79707 and is currently priced at $605,000, approximately $179 per square foot. This property was built in 1994. 5500 Drexel Ct is a home located in Midland County with nearby schools including Scharbauer Elementary School, Abell Junior High School, and Legacy Senior High School.

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.

Permian Basin Board of REALTORS® All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes
Listing Agent
Brandi Davis
Section Image
Fathom Realty
(432) 226-6936