501 E  Texas Ave, Midland, TX 79701
Property image
Property image
FOR SALE
0.32 ACRES

501 E Texas Ave
Midland, TX 79701

Original Town

    $500,000

    Est. Mortgage $3,226/mo*

    $500,000

    Est. Mortgage $3,226/mo*
    (on 0.32 acres)

    Home Highlights

    Listed
    149 days ago

    Local Information

    • Map ViewExplore the area around 501 E Texas Ave.
    • Schools1 Preschool School1 Elementary School3 Middle Schools2 High Schools
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Public Remarks: CORNER LOT, PROPERTY READY FOR YOUR NEW BUSINESS, CLOSE TO DOWN TOWN, ACCESIBLE TO HIGHWAY 80.
    Last check for updates: 24 minutes ago
    Listing courtesy of Leo Salcido, (432) 557-4487
    Black Orchid Real Estate, LLC
    Source: Petroplex AOR, MLS#173403
    Also Listed on PBBR, PBBR.

    Home Details for 501 E Texas Ave

    Interior Features

    Appliances & Utilities
    Utilities: None
    Gas & Electric
    No Electric on Property

    Exterior Features

    Exterior Home Features
    Fencing: NoneOther Structures: None
    Frontage
    Road Frontage: City StreetRoad Surface Type: Paved
    Water & Sewer
    Sewer: Public Sewer
    Surface & Elevation
    Topography: Cleared

    Days on Market

    Days on Market: 149

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Parcel Number: R000035222

    Price & Status

    Price
    List Price: $500,000

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: MidlandCommunity: Original Town
    School Information
    Elementary School: DezavalaElementary School District: MidlandJr High / Middle School: AlamoJr High / Middle School District: MidlandHigh School: MidlandHigh School District: Midland

    Agent Information

    Listing Agent
    Listing ID: 173403

    HOA

    No HOA

    Lot Information

    Lot Area: 0.32 acres

    Offer

    Listing Terms: Cash, Conventional, Owner Will Carry

    Miscellaneous

    Mls Number: 173403Attribution Contact: 4328133538, blackorchidre@gmail.com

    Neighborhood Overview

    Neighborhood stats provided by third party data sources.

    What Locals Say about Original Town

    At least 8 Trulia users voted on each feature.
    • 100 % Say car is needed

    • 89 % Say parking is easy

    • 78 % Say they plan to stay for at least 5 years

    • 70 % Say people would walk alone at night

    • 64 % Say yards are well-kept

    • 57 % Say it's dog friendly

    • 54 % Say there are sidewalks

    • 50 % Say it's walkable to grocery stores

    • 47 % Say there's holiday spirit

    • 43 % Say kids play outside

    • 41 % Say neighbors are friendly

    • 38 % Say streets are well-lit

    • 33 % Say it's quiet

    • 30 % Say there's wildlife

    • 25 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.

    Market trends in Midland

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $362K
    $12.33K
    MoM
    Sale-to-List Price
    98.7%
    0.1%
    MoM
    Price per sq ft
    $184
    $2
    MoM
    Available listings
    859
    41
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    2.70
    Lot/Land
    -
    04/27/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.35
    $310,900
    4
    2
    1,700
    Off Market
    0.35
    $295,400
    3
    2
    1,550
    Off Market
    0.35
    $266,000
    3
    2
    1,350
    Off Market
    0.41
    $325,000
    3
    2
    1,742
    For Sale
    0.57
    $301,100
    4
    2
    1,700
    Off Market
    0.57
    $240,200
    3
    2
    1,450
    Off Market
    0.63
    $275,000
    3
    2
    1,509
    For Sale
    0.63
    $275,000
    3
    2
    1,500
    For Sale
    0.67
    $45,000
    -
    -
    -
    For Sale
    0.67
    $335,000
    3
    2
    1,513
    For Sale
    0.74
    $170,000
    4
    2
    1,656
    For Sale

    Price and Tax history

    DateEventPrice
    Mar 22, 2026
    Source: PBBR #50093731
    Listed For Sale
    $500,000

    LGBTQ Local Legal Protections

    Leo Salcido, Black Orchid Real Estate, LLC
    Agent Phone: (432) 557-4487
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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    Frequently asked questions about 501 E Texas Ave

    • How big is 501 E Texas Ave?
      501 E Texas Ave in Midland, TX is about 0.32 acres (13,983 sq ft).
    • What is the price per acre for 501 E Texas Ave?
      501 E Texas Ave in Midland, TX is listed at $500,000, or about $1.6M per acre.
    • What do residents say about the Original Town neighborhood?
      Residents describe the Original Town neighborhood in Midland, TX as easy to park in, established, and well-kept. Most residents say you need a car. See homes for sale in Original Town, Midland.
    • What are the closest schools to 501 E Texas Ave?
      The closest schools to 501 E Texas Ave in Midland, TX are De Zavala Elementary School (Pre-K, rated 3/10), Midland Freshman High School (Middle, rated 5/10), Midland High School (Middle, rated 4/10).
    501 E Texas Ave, Midland, TX 79701 is a lot/land. 501 E Texas Ave is located in Original Town, Midland. This property is currently available for sale and was listed by Petroplex AOR on Mar 24, 2026. The MLS # for this home is MLS# 173403.