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About This Home

This 5-bedroom, 4-bathroom single family at 5008 E Hwy 158 in Midland, TX is listed for $625,000 ($145 per sqft). Built in 1940, the home offers 4,304 sqft of living space on a 2.00 acres lot.

Agent Description

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.

Key Features

  • Built in 1940
  • 2.00 acre lot
  • Fireplace

Property Details

1 story
4 full
1940

Amenities

FireplaceA/CRV Parking

Monthly Cost Estimate

$3,343/mo

20% down · 6.5% · 30 years

Principal$452
Interest$2,708
Insurance$182

Estimates only. Actual payments may vary.

Location

5008 E Hwy 158

Midland, TX 79706

Features & Amenities

Interior Features

High CeilingsOther FloorsShades/BlindsTile FlooringAuto Garage OpenerCeiling Fan(s)Jetted TubPantrySmoke Detector(s)

Exterior Features

Barn/StableFence-MetalGuest QuartersPatio-CoveredPatio-OpenWood Deck

Property Details

Construction

Pre-Owned

Pool Features

PatioDeck

Parking

RV

Heating

Central

Cooling

Central Air

Appliances

DishwasherMicrowaveRange-ElectricRange-Free Standing

Questions & Answers

This 5-bedroom, 4-bathroom single family at 5008 E Hwy 158 is listed at $625,000 ($145/sqft). The estimated monthly payment is $2,708 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 2.00 acre lot, Fireplace. Interior Features: High Ceilings, Other Floors, Shades/Blinds. Exterior Features: Barn/Stable, Fence-Metal, Guest Quarters.

This property is listed by Dale Lookabaugh and can be reached at 4325530766 or Dale@BillLanier.com.

DL

Dale Lookabaugh

Agent at The Bill Lanier Team

(432) 553-0766

Listed by The Bill Lanier Team · View on Broker Site

MLS# 50094526· Source: listhub· Updated 1 days ago

Copyright © 2026 Permian Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5008 E Hwy 158, Midland, TX 79706

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