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About This Home

This 0-bedroom, 0-bathroom commercial at 5108 FM 307 in Midland, TX is listed for $1,044,000 ($118 per sqft). the home offers 8,840 sqft of living space on a 2.93 acres lot.

Agent Description

Fantastic Opportunity to Build your Rental Income Or Add to Existing Portfolio in Greenwood ISD on 2.93 Acres w/ 195' of Frontage to FM 307 (4) Leased Units (3) w/ New 2 years. Rocks Throw to I-20, Close to Business Parks, & Greenwood ISD. Could be a possible value add by adding a few RV Spots. Work has been Done for you Wealth Starts Accruing Day 1.

Key Features

  • 2.93 acre lot

Monthly Cost Estimate

$5,584/mo

20% down · 6.5% · 30 years

Principal$755
Interest$4,524
Insurance$305

Estimates only. Actual payments may vary.

Location

5108 FM 307

Midland, TX 79706

38T2S

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5108 FM 307 is listed at $1,044,000 ($118/sqft). The estimated monthly payment is $4,524 based on 20% down at 6.5% interest.

Key features include: 2.93 acre lot.

This property is listed by Thomas Johnston and can be reached at 4326888200 or realestateranch@aol.com.

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TJ

Thomas Johnston

Agent at The Real Estate Ranch LLC

(432) 688-8200

Listed by The Real Estate Ranch LLC

MLS# 160744· Source: listhub· Updated today

Copyright © 2026 Odessa 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.

5108 FM 307, Midland, TX 79706

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