505 Raymond Rd, Midland, TX 79703
Property image
Property image
OFF MARKET

$280,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,250 sqft

505 Raymond Rd, Midland, TX 79703

Permian Estates
Est. Refi. Payment $1,929/mo*
Refinance Your Home

Home Value

Trulia Estimate
$280K
Since last month
Increased$1K (+0.5%)
Since last year
Increased$10K (+3.8%)
Since last sale
Increased$88K (+46%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +154% in the last 10 years
MonthEstimated value
2026
September 2026$280K
August 2026$279K
July 2026$280K
June 2026$278K
May 2026$276K
April 2026$276K
March 2026$273K
February 2026$271K
January 2026$269K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
0.30
Single-Family Home
-
02/01/26
3
2
1,086
0.15
Single-Family Home
-
08/25/26
3
2
1,583
0.39
Single-Family Home
-
02/25/26
3
2
1,500
0.27
Single-Family Home
-
02/05/26
3
1
1,334
0.37
Single-Family Home
-
10/16/25
3
1
1,030
0.47
Single-Family Home
-
09/13/26
4
1.5
1,498
0.65
Single-Family Home
-
01/30/26
3
2
1,368
0.66
Single-Family Home
-
08/12/26
3
2
1,464
0.69
Single-Family Home
-
03/26/26
3
2
1,647
0.73
Single-Family Home
-
02/09/26
3
2
1,556

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
0.21
$185,000
2
1
966
For Sale
0.29
$222,000
3
1
1,142
For Sale
0.31
$230,000
3
2
1,762
For Sale
0.34
$185,000
2
1
1,007
For Sale
0.37
$114,000
3
1
1,030
For Sale
0.37
$185,000
2
1
1,004
For Sale
0.43
$195,000
3
1.5
1,200
For Sale
0.44
$171,500
3
1
1,259
Off Market
0.52
$250,000
3
2
1,890
For Sale
0.50
$199,000
3
2
1,534
For Sale
0.58
$240,000
3
2
1,452
For Sale
0.64
$365,000
3
2
2,648
For Sale

Local Information

  • Map ViewExplore the area around 505 Raymond Rd.
  • Schools1 Preschool School1 Elementary School2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1954
1,250 sqft
$224/sqft
Garage

About this House

What's unique:Vinyl plank flooringSequestered primary bedroomMetal roof
This single-family home is located at 505 Raymond Rd, Midland, TX. 505 Raymond Rd is in the Permian Estates neighborhood in Midland, TX and in ZIP code 79703. This property has 3 bedrooms, 2 bathrooms and approximately 1,250 sqft of floor space. This property has a lot size of 8232 sqft and was built in 1954.
505 Raymond Rd, Midland, TX 79703 is a 3 bedroom, 2 bathroom, 1,250 sqft single-family home in Permian Estates, built in 1954. It was last sold on May 28, 2024. More recently, it was listed as a rental in June 2023 with an asking price of $2,000 per month. That rental listing was removed on June 20, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $280,000, with a rent estimate of $2,147/month.

Home Details for 505 Raymond Rd

Interior Features

Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: Metal
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 8232 sqft

Additional Information

On Site Laundry Available

Price and Tax history

DateEventPrice
May 28, 2024
Source: N/A
Sold
--
Apr 25, 2024
Source: PBBR #50068565
Contingent
$220,000
Mar 15, 2024
Source: PBBR #50068565
PriceChange
$220,000
Price decreased by 2%
Feb 16, 2024
Source: PBBR #50068565
PriceChange
$225,000
Price decreased by 2%
Jan 12, 2024
Source: PBBR #50068565
Listed For Sale
$230,000

Market trends in Midland

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$370K
$7.51K
MoM
Sale-to-List Price
98.9%
0.1%
MoM
Price per sq ft
$184
$0
MoM
Available listings
838
21
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Permian Estates

At least 45 Trulia users voted on each feature.
  • 76 % Say there are sidewalks

  • 75 % Say parking is easy

  • 74 % Say there's holiday spirit

  • 71 % Say yards are well-kept

  • 71 % Say car is needed

  • 61 % Say kids play outside

  • 51 % Say it's dog friendly

  • 49 % Say they plan to stay for at least 5 years

  • 43 % Say neighbors are friendly

  • 43 % Say it's quiet

  • 32 % Say people would walk alone at night

  • 30 % Say streets are well-lit

  • 27 % Say it's walkable to restaurants

  • 24 % Say there's wildlife

  • 22 % Say it's walkable to grocery stores

  • 16 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Cody S. W.
    "leaving, because we are from out of the area. love the neighborhood. quiet and full of families. kids loved it here. lots of friends to play with. "
  • Cody S. W.
    "we have lived here for 4 years. it is a quiet neighborhood with young families and working class people."

LGBTQ Local Legal Protections

Frequently asked questions about 505 Raymond Rd

  • What is 505 Raymond Rd estimated to be worth?
    Trulia's estimated value for 505 Raymond Rd in Midland, TX is $280,000.
  • What is the price history for 505 Raymond Rd?
    505 Raymond Rd in Midland, TX last sold in May 2024.
  • Is Midland a buyer's or seller's market?
    Midland is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Midland?
    The median sale price in Midland is $370K. That is up $7.51K from the prior month.
  • Does 505 Raymond Rd have laundry facilities?
    Yes, 505 Raymond Rd in Midland, TX has laundry facilities.
  • How big is the lot at 505 Raymond Rd?
    The lot at 505 Raymond Rd in Midland, TX is about 0.19 acres (8,232 sq ft).

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