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For sale
    • Price cut: $75K (6/9)
    $525,000

    1505 W County Road 117, Midland, TX 79706

    5beds
    8,259sqft
    : 
    $3,532/mo
    Get pre-qualified
    Single Family Residence
    Built in 2009
    2 Acres Lot
    $-- Zestimate®
    $64/sqft
    $-- HOA

    What's special

    Secure bays
    WOW! Live, work & invest on 2.00 acres at 1505 NCR 117. Versatile property ideal for RV park, construction/service business, workforce housing or owner-operator. Features 41 GPM shared well, shared septic, single electric meter; each building has HVAC & water heater. Improvements: ~6,000 sq ft insulated shop with half bath, 2 overhead doors, secure bays; metal building plumbed/wired for 4 apartments (one finished & rented) and 4-bay carport. Party/entertainment bldg. with 2 stone fireplaces, full bath & bar; brick 5-bed, 2.5-bath residence with an office. Rare income + expansion potential!
    155 days
    |
    290
    |
    18
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dale Lookabaugh 432-553-0766,

    The Bill Lanier Team

    Source: PBBR,MLS#: 50090983MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Separate Closets
      Kitchen
      • Features: Breakfast
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Microwave, Electric Range, Free-Standing Range, Reverse Osmosis-Owned, Water Softener Rented, Electric Water Heater
      • Laundry: Inside Utility Room
      Features
      • High Ceilings, Ceiling Fan(s), Study/Office
      • Flooring: Tile
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 8,259
      • Total interior livable area: 8,259 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Carport spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio-Covered, Patio-Open
      • Pool features: None
      • Fencing: Masonry,Metal
      Lot
      • Size: 2 Acres
      • Features: Flood Ins May Be Required, Landscaped
      Details
      • Parcel number: R000185332

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 2009

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: With Pump, Well

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Midland

      Financial & listing details

      • Price per square foot: $64/sqft
      • Tax assessed value: $885,740
      • Annual tax amount: $8,456
      • Date on market: 2/19/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/9/2026Price change$525,000-12.5%$64/sqft
        Source: PBBR #50090983 Report a problem
        6/5/2026Price change$600,000-4%$73/sqft
        Source: PBBR #50090983 Report a problem
        5/18/2026Price change$625,000-3.8%$76/sqft
        Source: PBBR #50090983 Report a problem
        4/29/2026Price change$650,000-3.7%$79/sqft
        Source: PBBR #50090983 Report a problem
        4/20/2026Price change$675,000-3.6%$82/sqft
        Source: PBBR #50090983 Report a problem
        3/25/2026Price change$700,000-6.7%$85/sqft
        Source: PBBR #50090983 Report a problem
        2/19/2026Listed for sale$750,000$91/sqft
        Source: PBBR #50090983 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,456 -7.7%$885,740 +0.1%
        2024$9,159 +4.9%$884,540 +2.6%
        2023$8,732 -17.9%$862,250 -8.9%
        2022$10,632 +13%$946,140 +4.5%
        2021$9,413 $905,060 +6.8%
        2020-- $847,400
        2019$8,979 +55.3%$847,400 +98.6%
        2018$5,780 $426,600 +0.6%
        2017-- $424,080 +5.5%
        2016-- $402,070 +9.2%
        2015-- $368,250 +15.3%
        2014-- $319,500 +6.4%
        2013-- $300,280 +7.9%
        2012-- $278,200 +1.7%
        2011-- $273,600 -4.4%
        2010-- $286,220 +2285.2%
        2009-- $12,000 +20%
        2008-- $10,000
        2007-- $10,000 +25%
        2006$166 $8,000
        2005-- $8,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
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        Climate risks

        Neighborhood: 79706

        Getting around

        1 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Travis
        • Middle: Alamo
        • High: Legacy
        • District: Midland

        Source: PBBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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        A local lender can help you make sure your offer is ready when you are.

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