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For sale by owner
  • $75,000

    501 W Scharbauer Dr APT 8, Midland, TX 79705

    2beds
    996sqft
    : 
    $965/mo
    Get pre-qualified
    Condo
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $75/sqft
    $420/mo HOA

    Overview

    ?? FOR SALE – MIDLAND, TX ?? 501 W. Scharbauer Dr., Unit 8 | Midland, TX ?? Asking Price: $75,000 Affordable Homeownership or Investment Opportunity! Looking for an affordable property in Midland with plenty of potential? This condominium offers a great opportunity for first-time buyers, investors, or anyone looking to create a space of their own. Located in an established Midland neighborhood, this property offers the convenience of city living without the hefty price tag. ? Property Highlights: * Affordable $75,000 asking price * Established Midland location * Great opportunity for investors or buyers looking for a renovation project * Potential for a personal residence or rental investment * Located within the Scharbauer Townhome Association * Property being sold AS-IS Whether you’re looking to invest, renovate, or purchase an affordable home, this property offers an opportunity to make it your own. Serious inquiries welcome! Private showings available by appointment. ?? Message me directly for additional information, photos, or to schedule a walkthrough. Offered at $75,000
    What the owner loves about this home
    It is quite and overlooks a beautiful pool
    1 day
    65
    2
    Listed by:

    Property Owner (432) 889-3493

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Features
      • Has fireplace: No
      Interior area
      • Total interior livable area: 996 sqft

      Property

      Parking
      • Parking features: Carport
      Details
      • Parcel number: 000819500000080

      Construction

      Type & style
      • Home type: Condo
      Condition
      • New construction: No
      • Year built: 1963

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $420 monthly
      Location
      • Region: Midland

      Financial & listing details

      • Price per square foot: $75/sqft
      • Tax assessed value: $119,580
      • Annual tax amount: $1,754
      • Date on market: 11/5/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,431/mo

        Price history

        DateEventPrice
        11/5/2026Listed for sale$75,000-24.6%$75/sqft
        Source: Owner Report a problem
        8/17/2026Listing removed$99,500$100/sqft
        Source: PBBR #50091181 Report a problem
        4/16/2026Price change$99,500-9.5%$100/sqft
        Source: PBBR #50091181 Report a problem
        2/27/2026Listed for sale$110,000+29.4%$110/sqft
        Source: PBBR #50091181 Report a problem
        3/12/2024Listing removed--
        Source: PBBR #50060653 Report a problem
        3/4/2024Contingent$85,000$85/sqft
        Source: PBBR #50060653 Report a problem
        8/5/2023Listed for sale$85,000$85/sqft
        Source: PBBR #50060653 Report a problem
        8/2/2023Listing removed--
        Source: PBBR #50058012 Report a problem
        4/17/2023Listed for sale$85,000-5.6%$85/sqft
        Source: PBBR #50058012 Report a problem
        4/13/2023Listing removed--
        Source: PBBR #50053708 Report a problem
        3/5/2023Price change$90,000-5.3%$90/sqft
        Source: PBBR #50053708 Report a problem
        11/29/2022Price change$95,000-5%$95/sqft
        Source: PBBR #50053708 Report a problem
        11/7/2022Price change$100,000-4.8%$100/sqft
        Source: PBBR #50053708 Report a problem
        10/18/2022Price change$105,000-4.5%$105/sqft
        Source: PBBR #50053708 Report a problem
        9/15/2022Listed for sale$110,000+10%$110/sqft
        Source: PBBR #50053708 Report a problem
        9/7/2021Listing removed--
        Source: PBBR #50039720 Report a problem
        7/6/2021Contingent$100,000-4.8%$100/sqft
        Source: PBBR #50039720 Report a problem
        6/9/2021Listed for sale$105,000+5%$105/sqft
        Source: PBBR #50039720 Report a problem
        6/7/2021Listing removed--
        Source: PBBR #50038415 Report a problem
        4/23/2021Contingent$100,000$100/sqft
        Source: PBBR #50038415 Report a problem
        4/20/2021Listed for sale$100,000+17.6%$100/sqft
        Source: PBBR #50038415 Report a problem
        5/7/2017Listing removed$85,000$85/sqft
        Source: Midland #50005505 Report a problem
        5/6/2017Pending sale$85,000$85/sqft
        Source: Midland #50005505 Report a problem
        5/4/2017Listed for sale$85,000$85/sqft
        Source: Midland #50005505 Report a problem
        4/28/2017Sold--
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,754 -5.5%$119,580 -2.1%
        2024$1,855 +2%$122,170 +0.6%
        2023$1,820 +27.1%$121,420 +8.4%
        2022$1,432 +15.1%$112,060 -0.1%
        2021$1,243 $112,200 +19.4%
        2020$1,243 -23.6%$93,950
        2019$1,628 $93,950 +2.6%
        2018$1,628 $91,530 -3%
        2017-- $94,400 +7.9%
        2016-- $87,500
        2015-- $87,500 +24.2%
        2014-- $70,430 +5.9%
        2013-- $66,520 +20%
        2012-- $55,440 +76.9%
        2011-- $31,340 +0.2%
        2010-- $31,290
        2009-- $31,290 -0.8%
        2008-- $31,530 +13%
        2007-- $27,900 +53.9%
        2006$482 $18,130
        2005-- $18,130
        2004-- $18,130
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 79705

        Getting around

        61 / 100
        Somewhat Walkable
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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