Charming Property Full of Potential on a Large Lot Across from South Elementary! Featuring a 2-bedroom, 2-bathroom main house, this property also includes a separate back building with endless possibilities! Additional features include a covered carport and convenient location near downtown. Loved by generations, this property offers a rare opportunity to restore and personalize a home with history or capitalize on its potential as a fixer-upper, rental property, or investment opportunity. Bring your vision and give this special property the love it deserves for the next generation.
Under contract
Price cut: $30K (6/7)
$135,000
1006 S Colorado St, Midland, TX 79701
2beds
1,446sqft
Single Family Residence
Built in 1935
7,013 Square Feet Lot
$-- Zestimate®
$93/sqft
$-- HOA
What's special
Large lotSeparate back buildingCovered carport
- 77 days |
- 1,151 |
- 62 |
Zillow last checked:
Listing updated:
Listed by:
Carol Garza. CRS,GRI,SRS,TRLP 915-630-7956,
The Sales Team Realtors
Source: PBBR,MLS#: 50094460
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: None
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Gas Range, Gas Water Heater
- Laundry: Inside Utility Room
Features
- Ceiling Fan(s)
- Flooring: Hardwood, Tile
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,446
- Total interior livable area: 1,446 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio-Covered
- Pool features: None
- Fencing: Wood
Lot
- Size: 7,013 Square Feet
- Features: Landscaped
Details
- Additional structures: Storage Shed
- Parcel number: R000046268
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab, Pillar/Post/Pier
- Roof: Composition
Condition
- Pre-Owned
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Southern
HOA
- Has HOA: No
Location
- Region: Midland
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $228,470
- Annual tax amount: $276
- Date on market: 4/20/2026
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Contingent | $135,000$93/sqft |
Source: | ||
| 6/7/2026 | Price change | $135,000-18.2%$93/sqft |
Source: | ||
| 4/20/2026 | Listed for sale | $165,000$114/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $250 +14.1% | $228,470 +1.5% |
| 2023 | $219 +11.9% | $225,140 +24.4% |
| 2022 | $196 +18.5% | $180,980 +0.5% |
| 2021 | $165 | $180,050 +67.3% |
| 2020 | -- | $107,610 |
| 2019 | $146 | $107,610 +224% |
| 2018 | $146 | $33,210 +10% |
| 2017 | -- | $30,190 +10% |
| 2016 | -- | $27,440 +10% |
| 2015 | -- | $24,950 -6.4% |
| 2014 | -- | $26,650 +29.2% |
| 2013 | -- | $20,620 +10% |
| 2012 | -- | $18,740 +10% |
| 2011 | -- | $17,040 +10% |
| 2010 | -- | $15,490 +10% |
| 2009 | -- | $14,080 +10% |
| 2008 | -- | $12,800 +10% |
| 2007 | -- | $11,640 +10% |
| 2006 | $127 | $10,580 +10% |
| 2005 | -- | $9,620 |
| 2004 | -- | $9,620 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Southern
Nearby schools
GreatSchools rating
- 3/10South Elementary SchoolGrades: PK-6Distance: 0.1 mi
- 5/10Midland Freshman High SchoolGrades: 9Distance: 0.5 mi
- 4/10Midland High SchoolGrades: 8-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: South
- Middle: Goddard
- High: Midland
- District: Midland
Source: PBBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Midland County
- Midland
- 79701
- Southern
- 1006 S Colorado St



