# 5108 FM 307, Midland, TX 79706

> **TL;DR:** commercial, $1,044,000 ($118/sqft), 8,840 sqft. Est. $4,524/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,044,000 |
| Price/sqft | $118 |
| Square Feet | 8,840 |
| Lot Size | 127,631 sqft (2.93 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,524 |
| **Total** | **$4,524** |

## Property Highlights

- 2.93 acre lot

## Description

### 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.

## Location

- **Address:** 5108 FM 307, Midland, TX 79706
- **County:** Midland
- **Neighborhood:** 38T2S
- **Coordinates:** 32.00429451, -101.9934838
- **Google Maps:** https://www.google.com/maps?q=32.00429451,-101.9934838

## Listing Agent

- **Name:** Thomas Johnston
- **Brokerage:** The Real Estate Ranch LLC
- **Phone:** 4326888200
- **Email:** realestateranch@aol.com

## Primary Photo

![5108 FM 307 - Primary Photo](http://lh.rdcpix.com/19e632ecba673d06946d36b07dfc5519l-f3586767290r.jpg)

*19 total photos available on [listing page](https://www.propertysimple.com/listing/5108-fm-307-midland-tx-79706-x160744)*

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**MLS#:** 160744 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/5108-fm-307-midland-tx-79706-x160744)

---

## Structured Data

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  "name": "5108 FM 307, Midland, TX 79706",
  "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.",
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  "datePosted": "2026-04-24",
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```