# 5008 E Hwy 158, Midland, TX 79706

> **TL;DR:** 5bd/4ba single family, $625,000 ($145/sqft), built 1940, 4,304 sqft.
> Fireplace, A/C, RV Parking. Est. $2,708/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $625,000 |
| Price/sqft | $145 |
| Bedrooms | 5 |
| Bathrooms | 4 full |
| Square Feet | 4,304 |
| Year Built | 1940 |
| Lot Size | 87,120 sqft (2.00 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,708 |
| **Total** | **$2,708** |

## Nearby Schools

- **Elementary:** Greenwood
- **Middle:** Greenwood
- **High:** Greenwood

## Key Amenities

- Fireplace
- A/C
- RV Parking

## Property Highlights

- Built in 1940
- 2.00 acre lot
- Fireplace

## Description

### 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.

## Location

- **Address:** 5008 E Hwy 158, Midland, TX 79706
- **County:** Midland
- **Coordinates:** 31.96668313, -101.9819965
- **Google Maps:** https://www.google.com/maps?q=31.96668313,-101.9819965

## Listing Agent

- **Name:** Dale Lookabaugh
- **Brokerage:** The Bill Lanier Team
- **Phone:** 4325530766
- **Email:** Dale@BillLanier.com

## Primary Photo

![5008 E Hwy 158 - Primary Photo](http://lh.rdcpix.com/388530f2d1e65780e2e9df455fa777f7l-f2475826664r.jpg)

*45 total photos available on [listing page](https://www.propertysimple.com/listing/5008-e-hwy-158-midland-tx-79706-50094526)*

---

**MLS#:** 50094526 | **Updated:** 2026-04-25
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/5008-e-hwy-158-midland-tx-79706-50094526)

---

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